Viability of transarctic shipping routes: a literature review from the navigational and commercial perspectives

The continuous ice retreat in the Arctic has fueled speculations of new transarctic shipping routes to be operational soon. While the media vigorously propagates the great potentials of these routes, researchers have accessed the feasibility of opening of transarctic shipping routes from various per...

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Published inMaritime policy and management Vol. 44; no. 1; pp. 16 - 41
Main Authors Meng, Qiang, Zhang, Yiru, Xu, Min
Format Journal Article
LanguageEnglish
Published Abingdon Routledge 02.01.2017
Taylor & Francis Ltd
Subjects
commercial viability
Conferences
Economics
Feasibility
Feasibility studies
Literature review
Literature reviews
Management
Marine
Mass media
Navigation
navigation feasibility
Ocean dumping
Oil pollution
Polar environments
Scrap
Shipping
shipping cost analysis
Shipping industry
transarctic shipping routes
Viability
Arctic region
Taiwan
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Summary:The continuous ice retreat in the Arctic has fueled speculations of new transarctic shipping routes to be operational soon. While the media vigorously propagates the great potentials of these routes, researchers have accessed the feasibility of opening of transarctic shipping routes from various perspectives; diverse and some polarized conclusions have emerged. This paper aims to critically review the studies that examine the necessary conditions and requirements that make transarctic shipping routes sufficiently viable. We mainly focus on two aspects: navigation conditions and commercial features. Selected studies are analyzed and compared in depth. Finally, possible future research directions are put forward.This article is a revised and expanded version of a paper entitled Viability of Transarctic Shipping Routes: An Overview, presented at the International Conference on 'Global Integration of Economies and Connectivity Development' in Taiwan on 31 August 2015.
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ISSN:0308-8839
1464-5254
DOI:10.1080/03088839.2016.1231428