Arctic Shipping Chills in 2014

The year 2014 has proved to be a slow one for Arctic shipping. Just 31 ships sailed between Europe and Asia across the Northern Sea Route, and 22 did part of the route. That’s down from a total of more than 70 in 2013.
Malte Humpert, executive director of the Arctic Institute, a Washington, D.C.-based think tank, says this year has served as a reality check on some of the over-heated Arctic predictions of recent years.