Can Chinaโs new Arctic Sea route to Europe replace Middle East chokepoints?
China has announced a new shipping route through the Arctic Ocean, which could ease the way for global trade amid the Middle East crisis that has paralysed critical waterways, including the Bab al-Maโฆ
China has announced a new shipping route through the Arctic Ocean, which could ease the way for global trade amid the Middle East crisis that has paralysed critical waterways, including the Bab al-Mandeb on the edge of the Red Sea.
Shipping companies have become increasingly interested in alternative trade routes through the Arctic in recent years as conflicts, such as the US war on Iran, restrict vital routes like the Red Sea and the Gulf.
One answer may be Chinaโs new โIce Silk Roadโ, which begins at Ningbo on Chinaโs east coast, cuts through the Arctic Circle by running along Russiaโs Northern Sea Route and then heads south in the North Sea, terminating at Felixstowe in eastern England.
In recent months, the Bab al-Mandeb Strait, the key transit point to the Red Sea off the coast of Yemen, has become a no-go route for many ships as the Iran-backed Houthis target shipping linked to Saudi Arabia. That has disrupted traffic heading to and from the Suez Canal, the vital waterway connecting West Asia to Europe.
So could Chinaโs new shipping route be a sustainable alternative and what would it mean for the balance of power in international trade?
Last week, the Chinese container shipping company, Sea Legend, which specialises in international trade with North Africa and Turkiye, formally announced the new route it has named the โIce Silk Roadโ after Chinaโs historic Silk Road route with Europe.
The company carried out a test voyage along the route last October. According to a report then by Chinaโs Xinhua news agency, the voyage took 20 days, offering an advantage over other routes through the Suez Canal, which take about 40 days; or around the Cape of Good Hope in southern Africa which takes around 50 days.
Following the test run, Li Xiaobin, Sea Legendโs chief operating officer said the new route is particularly suitable for heat-sensitive and time-critical cargo, such as lithium-ion batteries and photovoltaic products (which convert light into electricity using semiconductors) because of the low temperatures and relatively short distance.
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