Arctic Shipping Declines in 2014, But Economic Optimism Remains

2014 saw a decline in Arctic shipping that contrasted with hopes that the region would experience an economic boom due to¬†improved access from diminished Arctic ice. According to CBC News, only 31 ships used the Northern Sea Route over Russia in 2014, as opposed to more than 70 the year before. However, while 2014 shipping was […]

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