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Strait of Hormuz chaos has incentivized China to use an alternative trade route: a 3,400 mile frozen Arctic channel dubbed the ‘Ice Silk Road’

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Strait of Hormuz chaos has incentivized China to use an alternative trade route: a 3,400 mile frozen Arctic channel dubbed the ‘Ice Silk Road’
Fortune
Fortune1 hrs ago
Strait of Hormuz chaos has incentivized China to use an alternative trade route: a 3,400 mile frozen Arctic channel dubbed the ‘Ice Silk Road’
Chinese shipping company Sea Legend Line just announced a shipping route through the Arctic, which takes half the time as established shipping routes.
Guardian Business
Guardian Business🏁 first to report2 days ago
After Hormuz, China looks to the promise – and peril – of the Arctic’s ‘ice silk road’
China has established the first scheduled transit through the northern sea route, but questions remain over the environmental and political risks When Marco Rubio suggested that the world should look to new shipping lanes to bypass the logjammed strait of Hormuz, it’s unlikely he had the Arctic’s northern sea route in