The Coming Arctic Boom DESTINATION CARGOS

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THE COMING BOOM IN DESTINATION CARGOES IN THE HIGH ARCTIC

THE HIGH ARCTIC IS RAPIDLY LOSING SUMMER ICE COVER REVEALING AND MAKING ACCESSIBLE  NATURAL RESOURCES PREVIOUSLY OUT OF REACH. MORE EXTRACTION OPERATIONS MEAN MORE "DESTINATION CARGO" MOVEMENTS INTO THE AREA DESTINATION CARGO IS BASICALLY SUPPLIES TO SUPPORT THE EXTRACTION EFFORTS

Yesterday Namazu reviewed the findings of the Scripps Institute's Tropical Tree Ring study and discussed what it meant in terms of climate change. In recent related posts Namazu and others described the two types of ship cargo that move through the High Arctic passages. Basically "destination cargo" originates outside the High Arctic areas and is inbound as supplies that support exploratory or extraction activities in the region. Destination cargoes are for consumption in the High Arctic. Extracted cargoes originate in the region from the extraction of natural resources like gas and oil, or fish. Both destination and extracted cargo traffic in the High Arctic region are highly likely to increase dramatically. "Through Cargo" describes cargoes originating outside the region and destined for markets outside the region simply using the region as a transit corridor. Quite a few analysts see a dramatic increase in this sort of vessel traffic, our various analysts don't think it will be that dramatic due to the seasonality of the passages and the already paid for infrastructure serving a lot of the routes that once might have benefited from the opening of the fabled "Northwest Passage". We quite agree with the article that we link you to here which predicts with some precision a boom in destination cargoes in the region. Regardless of the nature of increased commercial vessel traffic whether due to increases in destination or through cargoes, a persistent Coast Guard presence is now needed in the High Arctic throughout the summer navigation season. Below is a link to the Foreign Affairs blog of the Counsel on Foreign Relations which published THE COMING ARCTIC BOOM by Scott G. Burgerson.

http://www.foreignaffairs.com/articles/139456/scott-g-borgerson/the-coming-arctic-boom?page=2

                                                                                                                         
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