{"id":37314,"date":"2018-09-04T06:07:18","date_gmt":"2018-09-04T11:07:18","guid":{"rendered":"http:\/\/olduvai.ca\/?p=37314"},"modified":"2018-09-04T06:07:18","modified_gmt":"2018-09-04T11:07:18","slug":"the-upside-of-global-warming","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=37314","title":{"rendered":"The Upside Of &#8216;Global Warming&#8217;"},"content":{"rendered":"<div id=\"block-zerohedge-page-title\" class=\"block block-core block-page-title-block\">\n<h3 class=\"page-title\"><a href=\"https:\/\/www.zerohedge.com\/news\/2018-09-03\/upside-global-warming\"><span class=\"field field--name-title field--type-string field--label-hidden\">The Upside Of &#8216;Global Warming&#8217;<\/span><\/a><\/h3>\n<\/div>\n<div id=\"block-zerohedge-content\" class=\"block block-system block-system-main-block\">\n<article class=\"node node--type-article node--view-mode-full\" role=\"article\" data-gtm-vis-recent-on-screen-2077925_22=\"2169\" data-gtm-vis-first-on-screen-2077925_22=\"2169\" data-gtm-vis-total-visible-time-2077925_22=\"100\" data-gtm-vis-has-fired-2077925_22=\"1\">\n<div class=\"node__content\">\n<div class=\"clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item\">\n<p>An interview from the Russian Ministry for Maritime and River Transport published on website PortNews says that <strong>Arctic ports along the Northern Sea Route are experiencing a surge in cargo.<\/strong> Up to August 24th of this year, 9.95 million tons of goods went through ports in the region, an <strong>81 percent increase on last year&#8217;s 5.5 million.<\/strong><\/p>\n<p><a href=\"https:\/\/www.statista.com\/chart\/15279\/northern-and-southern-sea-routes-between-europe-and-east-asia\/\"><em>As Statista&#8217;s Niall McCarthy notes,<\/em><\/a> even though the passage is only feasible for three months of the year, <strong>global warming is making it increasingly viable for\u00a0<a href=\"https:\/\/www.statista.com\/topics\/1367\/container-shipping\/\">major shipping companies<\/a>. <\/strong><\/p>\n<p>This year, temperatures in the Arctic Circle have been unusually warm, topping 30C on several occasions.<\/p>\n<p><strong>That resulted in Maersk confirming that it was sending a ship with a 3,600 container capacity, the Venta Mersk, over the top of Russia on a test run. <\/strong>The decision has been welcomed in Russia where it&#8217;s hoped the Arctic route will compete with the southern route through the Suez Canal and Straits of Malacca. <strong>The Northern Sea Route runs from Murmansk near Russia&#8217;s border with Norway all the way to the Bering Strait in Alaska with <u>all transiting ships requiring a permit from the Russian authorities<\/u><\/strong>.<\/p>\n<p>Even though travel-time can be reduced by two weeks compared to the southern route, costs are generally higher because vessels have to be accompanied by a nuclear-powered icebreaker.<\/p>\n<p><strong>The Venta Maersk left Vladivostock before docking in Pusan, South Korea. <\/strong><\/p>\n<p><a href=\"https:\/\/www.zerohedge.com\/sites\/default\/files\/inline-images\/Venta-Maersk-in-ice-800x475.jpg?itok=Ark_Fgtp\" data-image-external-href=\"\" data-image-href=\"\/sites\/default\/files\/inline-images\/Venta-Maersk-in-ice-800x475.jpg?itok=Ark_Fgtp\" data-link-option=\"0\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.zerohedge.com\/sites\/default\/files\/inline-images\/Venta-Maersk-in-ice-800x475.jpg\" srcset=\"https:\/\/www.zerohedge.com\/sites\/default\/files\/styles\/inline_image_desktop\/public\/inline-images\/Venta-Maersk-in-ice-800x475.jpg?itok=Ark_Fgtp 1x\" alt=\"\" width=\"500\" height=\"297\" data-entity-type=\"file\" data-entity-uuid=\"f59a0e66-0c5f-42f7-bd53-47bab9ca74e4\" data-responsive-image-style=\"inline_images\" \/><\/a><\/p>\n<p><strong>It embarked<a href=\"https:\/\/www.statista.com\/topics\/1728\/ocean-shipping\/\">\u00a0on its long journey<\/a>through the Arctic and its expected to pass through the Bering Strait at the start of September before finishing the trip in St. Petersburg at the end of the month.<\/strong> The following infographic shows how a general container-ship would travel between Europe and East Asia, using Hamburg and Shanghai\u00a0<a href=\"https:\/\/www.sueddeutsche.de\/wirtschaft\/schifffahrt-die-arktisroute-koennte-die-kraefte-im-welthandel-verschieben-1.4100516\">as example ports<\/a>.<\/p>\n<p>\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Upside Of &#8216;Global Warming&#8217; An interview from the Russian Ministry for Maritime and River Transport published on website PortNews says that Arctic ports along the Northern Sea Route are experiencing a surge in cargo. Up to August 24th of this year, 9.95 million tons of goods went through ports in the region, an 81 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,4],"tags":[369,12313,694,4856,21515,4318],"class_list":["post-37314","post","type-post","status-publish","format-standard","hentry","category-economics","category-environment","tag-global-warming","tag-maersk","tag-russia","tag-shipping","tag-shipping-routes","tag-zerohedge"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/37314","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=37314"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/37314\/revisions"}],"predecessor-version":[{"id":37315,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/37314\/revisions\/37315"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=37314"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=37314"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=37314"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}