Best Of 2011: Melting Polar Ice

By Freddie Pierce
It's the holidays, and we've got a special gift for you this year. Each day this week, Supply Chain Digital will select one top daily story fro...

It's the holidays, and we've got a special gift for you this year. Each day this week, Supply Chain Digital will select one top daily story from 2011 to feature here in our Best Of: 2011 section. Enjoy!

Whether you believe in global warming or not, ice levels in the Arctic Sea reached the second-lowest point in recorded history, according to data released by NASA and the National Snow and Ice Data Center at the University of Colorado.

While that’s potentially bad news for our environment, it’s great news for shippers in the Northern Hemisphere. This year’s record low opened up shipping passages through the Northwest Passage and Northern Sea for brief periods last month.

Danish shipping company Nordic Bulk Carriers took full advantage of the new routes, and claimed to save one third of its usual shipping costs by taking shorter shipping routes to China through the Arctic.

TIME LAPSE OF MELTING ARCTIC ICE

Less ice also meant for quicker trade for Nordic Bulk Carriers, who made the journey to China in nearly half the time.

“We saved 1,000 tons of bunker fuel – nearly 3,000 tons of CO2 – on one journey between Murmansk [Russia] and north China,” Nordic Bulk Carriers Director Christian Bonfils told the Guardian.

“The window for sailing the route is four months now, but the Russians say it is seven. When we can save 22 days on transportation, it is very good business for us."

Good business for shippers is probably bad news for the environment. Ice levels in the Arctic barely avoided their lowest recorded point ever, which was set in 2007. Scientists point out that 2007 witnessed unusual weather that contributed to ice melt; those same conditions were not present this year.

“Atmospheric and oceanic conditions were not as conducive to ice loss this year, but the melt still neared 2007 levels,” Matt Meier of the National Snow and Ice Data Center said.

Since 1979, September’s arctic sea ice extent has declined by 12 percent each decade, reports Science Daily.

Click here to download Supply Chain Digital’s iPad app!

Share

Featured Articles

McKinsey report urges firms to avoid ad hoc supply fixes

McKinsey report into ongoing supply shocks & disruptions urges CEOs to proactively build long-term resilience, not rely on short-term supply fixes

Firms 'over-reached on sustainability targets' - Bain report

Bain & Company report released during Davos summit suggests 31% of businesses did not come close to hitting ambitious 2020 carbon emission targets

Accenture supply heads probe value chain resilience

Accenture's Maria Rey-Marston & Stephane Crosnier say best way to achieve supply resilience is real-time dynamic visibility, with people at its heart

Weekly news round-up across supply, logistics & procurement

Digital Supply Chain

UST webinar on managing supply risk available on-demand

Supply Chain Risk Management

Global land, sea and air logistics news round-up

Logistics