Source · Select Committees · International Relations and Defence Committee
Recommendation 181
181
The UK Chamber of Shipping told us that “projections, although highly variable, suggest growth might...
Conclusion
The UK Chamber of Shipping told us that “projections, although highly variable, suggest growth might increase as much as 50% from 2012 levels by 2050”. 210 While this would mark a significant increase in maritime activity in the region, a broad shift from existing trade routes appears unlikely. The UK Chamber of Shipping told us that: “while climate change will enhance the Arctic’s navigability, it is unlikely to revolutionise global maritime trade to the extent as has been speculated.” 211
Government Response
A response document is linked to this report, dated 26 January 2024. Response attribution to this conclusion has not been verified. Read the response document ↗