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World Service,24 Jul 2014,17 mins

Shipping Through the Arctic

Business Daily

Available for over a year

We take a look at the global shipping industry and the fluctuating freight charges and other hidden financial icebergs. And, we visit London Gateway, Britain's newest deep-water port to the east of London to see why container ships are getting bigger. The emergence of a new Arctic trade route across Russia's north coast could be bad news for global sea-levels, but very handy for Russian companies hoping to get their produce to international markets. Evgeny Ambrosov, senior executive vice president of Sovcomflot, Russia's largest shipping firm, tells us about his recent voyage - the first along the route. We ask how feasible is this northern sea route with the CEO of The Baltic Exchange - a membership organisation for global shipping companies. Plus, why Taiwanese investors are turning away from Vietnam after Taiwanese businesses were caught up in recent anti-Chinese riots there.

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