By cryptoandcoffee on Skatehive
source With so much happening in the world with regard to shipping routes one still needs to keep a watch on the Northern Sea Route because one of these days it could be the main trade corridor. I would not bet against Russia and China making this route work and my money would be more on these two countries making it work because of China. Usually there is a lot of propaganda around the Northern Sea Route as this is Putin's baby. There is very little information and one would think this is closed due to winter and the ice conditions. This is where we are wrong as shipments are still being delivered and have been right through winter maybe not directly to Europe, but LNG exports to China have not stopped. source Two vessels went through the Straits of Hormuz yesterday under naval escort, but the risks are too high right now so everyone is waiting it out. Tonight a tug boat was struck off the coast of Oman from a projectile which presumably is a rocket. The Suez Canal is open, but the St