ApocaDocs: Icebergs, insurance hamper Arctic shipping route opened by climate change

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Posted Wed Oct 16 2013: from Reuters:


	Icebergs, insurance hamper Arctic shipping route opened by climate change http://apocadocs.com/s.pl?1381963939 The new shipping route opened up through the Arctic by climate change will not be crowded any time soon. Cargoes of coal, diesel and gas have made the trip but high insurance costs, slow going and strict environmental rules mean there will not be a rush to follow them. Looser ice means icebergs. One vessel has already been holed, and large ice breaking vessels, not always on hand, are a must.

[Read more stories about: arctic meltdown, climate impacts]

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'Doc Jim says:

Some days, you just gotta root for the icebergs.