The companies involved in Arctic dry bulk shipping are taking different approaches to the gradually opening Northern Sea Route (NSR) trade, commercially and in terms of tonnage.
One — US-Danish company Nordic Bulk Carriers — is maintaining a narrow focus as an avowed Arctic specialist, while Golden Ocean Group and Oldendorff Carriers are integrating Arctic work into their large spot and contracts of affreightment portfolios, using somewhat lighter ice-class tonnage.
