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Commercial potential of historic sea route through the Arctic to China manifested

Nordic Bulk Carriers was one of the pioneers on the first non-Russian transit via the Northern Sea Route. During the summer of 2010, one of the world's few modern heavy ice class bulk carriers, our MV Nordic Barents, sailed this historic route from Norway to China.

Again this year, Nordic Bulk Carriers takes the lead on exploring the Northern Sea Route as a transit trade lane, when transporting iron ore from the Northern part of Russia to China. After a successful first trip, the Arctic waters will this time be explored using the world's largest bulk carrier with ice class. Nordic Bulk thereby cement their leading position in the industry and the business potential of the new sea route.

The vessel departed from the port of Murmansk in Northern Russia the 28th of August carrying a cargo of 70,000 tons of iron ore concentrate via the Northern Sea Route to China.

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History

Since the very early days of maritime history, seafarers have looked for a shorter route from the Atlantic Ocean to the Pacific Ocean. The Dutchman Willem Barents made three attempts between 1594-1596, but made it only as far Karasea and died on the return journey. Danish-born Vitus Bering also made an attempt, but did not get farther from Kamchatka than to the strait which now bears his name.

Only in 1878 was the Finnish-Swedish geologist, Adolf Erik Nordenskiƶld, able to make the first complete crossing of the Northeast Passage from west to east on his Vega expedition.

The Nordic Bulk Carriers voyage across the Arctic thus opens another chapter in the proud tradition of Nordic navigation. This expedition once again emphasizes the strength, quality and long history of the Nordic maritime traditions.

The trip across the Arctic is a challenging task that requires great experience and navigational skills. In cooperation with Russian authorities, the expedition helps build critical expertise in navigating these demanding waters.

We are extremely proud to be the first to use this historic sea route for commercial purposes.