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Arctic: A land of opportunity

Updated: 2013-05-13 07:18
By Zhou Siyu in Oslo ( China Daily)

Arctic: A land of opportunity

A Russian ice-breaking vessel in the Arctic. Extreme climate conditions in the region, such as fog, low temperatures, icing up and long nights, mean that shipping companies will have to make further investments in new ice-capable vessels with enhanced hulls. This will boost business for Chinese shipbuilders, said Remi Eriksen, chief executive officer of maritime and oil and gas with the Norway-based Det Norske Veritas. Provided to China Daily

Arctic: A land of opportunity

It offers possibilities for shipping as well as oil, gas exploration ventures

Arctic: A land of opportunity

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