Because of global warming, the thinning ice in the Arctic is opening up the region for navigation for a few months in the summer season. The Arctic littoral countries (Canada, Norway, Denmark [Greenland], Russia and the United States), shipping companies and several other stakeholders (the EU and Asian countries such as China, Japan, Singapore and South Korea) are closely tracking shipping related developments in the Arctic and developing strategies to exploit the Northern Sea Route (NSR).
India-Australia Maritime Cooperation: Raising the Pitch
Both India and Australia are trying hard to shed their traditional reticence and engage in the maritime domain, with both sides agreeing to a drastic overhaul of the existing exchanges.