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Economy and Commercial Viability

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The Natural and Societal Challenges of the Northern Sea Route

Abstract

When INSROP was established some five years ago, one of its mandates was to investigate the commercial viability of using the Northern Sea Route for trading purposes. To this end, Sub-programme III set out to collect information regarding commercial operations in the NSR and possible ways in which the route could be used. A great many papers have been produced, of which only a selection can be presented here. A wide range of commercial issues have been examined, including cargo generation, energy-related trade, port development and transit cargo potential, to mention only a few. In this chapter, the focus will be on three main areas:

  • NSR development and the regional economy

  • cargo generation from Russia to western and eastern destinations

  • the possible use of NSR for transit purposes.

Edgar Gold has written section 4.2.4, Marine Insurance. Michael Tamvakis and Alexander Granberg are jointly responsible for the rest of the chapter.

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References

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  2. For a description of what the NSR is see chapter 1, subsections 1.1.1 and 1.1.2 of this volume.

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  5. For a discussion of the administrative aspects see chapter 5, section 5.2 of this volume.

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  32. CanArctic Shipping Inc., of Ottawa, Canada, operates six ice-strengthened vessels.

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Authors
  1. Michael Tamvakis
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  2. Alexander G. Granberg
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  3. Edgar Gold
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Editor information

Editors and Affiliations

  1. The Fridtjof Nansen Institute, Lysaker, Norway

    Willy Østreng

  2. Norwegian University of Science and Technology, Trondheim, Norway

    Willy Østreng

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© 1999 Springer Science+Business Media Dordrecht

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Tamvakis, M., Granberg, A.G., Gold, E. (1999). Economy and Commercial Viability. In: Østreng, W. (eds) The Natural and Societal Challenges of the Northern Sea Route. Springer, Dordrecht. https://doi.org/10.1007/978-94-015-9409-7_4

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  • DOI: https://doi.org/10.1007/978-94-015-9409-7_4

  • Publisher Name: Springer, Dordrecht

  • Print ISBN: 978-90-481-5376-3

  • Online ISBN: 978-94-015-9409-7

  • eBook Packages: Springer Book Archive

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