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Is it climate change or whatsoever, the net result is that the Route is becoming available. It has its own challenges, and not suitable for regular container ships on their own. Plans to build container shipping terminals along Russia’s Northern Sea Route continue to move forward in Murmansk. This will reduce the time between Asia and Europe. Special Arc7 Ice class container ships will be used on some sections.

Baltic Exchange Dry Index ForecastBaltic Exchange Dry Index Forecast
Baltic Exchange Dry Index is expected to trade at 1785.32 index points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 1586.44 in 12 months time.