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Arctic Shipping Routes Need Investment

CHINA PRESS

Arctic shipping lines need significant investment in new technologies and heavy infrastructure, such as terminal facilities and connecting train services, to make them commercially viable, according to Yang Jie, senior coordinator at the China Communications and Transportation Association. Northern shipping routes remained constrained by technical challenges and a reliance on ice breakers, with current facilities more suited to oil tankers than container shipping, a representative from Xinxin Shipping said. (Source: Yicai)

MNI Beijing Bureau | lewis.porylo@marketnews.com

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