Executive Briefings

History Made as Vessel Becomes First Bulk Carrier to Transit Northwest Passage from Canada to Finland

For the first time ever, a bulk carrier is using the Northwest Passage as a transit trade lane, when transporting coal from Vancouver in Canada to Finland. The historic transit is shorter than traditional shipping routes and will not only save time, fuel and CO2, but also increase the load of cargo with 25 percent compared to the Panama Canal. Nordic Bulk Carriers A/S, the Danish pioneer, is once again behind the new business adventure.

Special licensing for the trip has been granted to one of the world's few modern ice-class bulk carriers - MV Nordic Orion - which is carrying 73,500 tons of coal through Arctic waters to Finland.

"We are very excited about this historic voyage, which has been a dream and ambition for several years," says Christian Bonfils, managing director in Nordic Bulk Carriers A/S. "We have deep respect towards these important Arctic waters and have planned this voyage in close coordination with Transport Canada and the Canadian Coast Guard to ensure a safe execution."

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Special licensing for the trip has been granted to one of the world's few modern ice-class bulk carriers - MV Nordic Orion - which is carrying 73,500 tons of coal through Arctic waters to Finland.

"We are very excited about this historic voyage, which has been a dream and ambition for several years," says Christian Bonfils, managing director in Nordic Bulk Carriers A/S. "We have deep respect towards these important Arctic waters and have planned this voyage in close coordination with Transport Canada and the Canadian Coast Guard to ensure a safe execution."

Read Full Article