ICS: International groups should regulate Arctic shipping

Regulatory/Transport

Monday, December 17, 2012

Concerns about Arctic shipping should be addressed by the U.N's International Maritime Organization rather than coastal states, said the International Chamber of Shipping as it released a new position paper on Arctic shipping. ICS noted "offshore support vessel activity is already significant, while destination shipping is anticipated to grow as the extraction of energy and raw materials is developed. Use of the Northern Sea Route is also a reality for a small but increasing numbe...

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