In The Water:
Polar ice cap lost one-half its thickness in six years
Shrinking a three times the rate
This sea change cause rise and fall of new sea ports
Access to one fourth undiscovered oil, which amounts to about 31 billion barrels, and gas reserves
The polar expresses being used most commonly Northern Sea Route but predicted to sail right over the pole by 2025 avoiding jurisdictions and shaving miles off their journeys
From this the international shipping companies will reorient itself
The now used shipping prts may see a drop in years to come with new more convient shipping ports to accomidate new ship routes
Singapore, one of the leading sea ports now, invested 5 billion dollars to their sea port only to likely see a drop in sales in the coming years
Panama is also likely to see this deficit
Because of the melting ice mineral deposits such as gold, zinc and diamonds are showing up in large amounts in Greenland; voting on what to do in coming months
Thursday, November 13, 2008
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