Arctic Melting Means Chinese Crap Can Reach Europe In Less Time At Lower Cost - Dailan-Rotterdam

[hatrack]

Tool Monkeys! Fuck Yeah!!!

BEIJING - A 19,000-tonne cargo vessel is making the first journey by a Chinese merchant ship to Europe via the Northeast Passage, a shortened route that could revolutionise trade, state media reported Saturday.

The Arctic route has become navigable due to global warming melting sea ice and promises to slash journey times by around 12 to 15 days, saving shipping companies and Chinese exporters millions in lower fuel bills and reduced operating costs.

A freighter belonging to Chinese shipping firm Cosco left the northeastern port of Dalian on Thursday and was expected to take 33 days to reach Europe via the Bering Strait and Russia's northern coastline, the official China Daily reported. The SinoShipNews website said the vessel was headed for Rotterdam and was due to arrive on September 11.

The new route, which is now navigable for around four months of the year from the end of July, avoids the politically unstable pinch point of the Suez canal, and trims around 7,000 kilometres (more than 4,000 miles) off the journey, according to the China Daily.

EDIT

http://www.enca.com/money/chinese-cargo-ship-takes-new-trade-route-europe

[Gman]

1. I've believed now for several years that another reason

For the push back on global warming is this huge cost saving advantage. Not that they'll lower prices because of reduced costs, but because of higher profit margins.