This article talks about how the Arctic polar ice has melted to the point that researchers expect there will be NO ice at the north pole this summer and that there WILL be a navigable path through the arctic this summer.

http://www.independent.co.uk/environment/climate-change/exclusive-no-ice-at-the-north-pole-855406.html

Sounds like NTHWST is a good LONG investment.

9 Comments

What the hell is up with PPX calculating a downturn in this prediction. I'm somewhat invested and have been following all the news stories on this one... just yesterday Canada declared deep-water channels open for the summer.
Mods need to pay a little better attention to this one.

...and I meant deep-water channels throughout the Northwest Passage.
Commercial shipping lanes!

This one will require a company to actually make a commercial shipment. That means carry something for hire through the historical northwest passage. Being open is not good enough, only going part of the way is not good enough, and making the trip with no commercial shipments would seem to me to be failing the shipment requirement. Commercial shipments are tricky in that they require insurance and bonding in addition to a navigable passage.

Being possible is a requirement for such shipping, but I would not think sufficient for success.

In 1969 the icebreaker Manhattan carried a single tokin barrel of crude thru the northwest passage. Does this meet the prop criteria? I found this info on Wiki under "Manhattan (ship)".

Thanks
______

_____,

No, tolkin != commercial IMHHFO.

innsaei

Apparently what was happening with PPX is that many of us knew better than to listen to the global warming alarmists. I've had this shorted from the first day. So excuse me if I say: "HA HA!".

BTW -- unlike most warm mongers here, I've been to the high arctic (all seasons) & I know what it's actually like there.

cold?

pso7025

So cold that if you say something outside, you have to pick up your words & thaw them out on the stove; before you can be heard.

That's a joke (barely) -- but, it is a lot colder than people realize. In winter, anything above - 40 seems quite mild.

to clarify he meant: Minus 40 (-40)


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