Trade routes

Beijing is banking on the ‘Ice Silk Road’: the Arctic is the new shortcut between Asia and Europe

China launches its first regular container shipping service through the Arctic, linking Ningbo to the United Kingdom via the Northern Sea Route

3' min read

Translated by AI
Versione italiana

3' min read

Translated by AI
Versione italiana

China is attempting to reshape the geography of global trade by travelling over the roof of the world. This week, the Chinese shipping company Sea Legend will launch the first regular container shipping service through the Arctic, linking Ningbo – one of the main ports on China’s east coast – to Felixstowe in the United Kingdom. The company has named this route the “Ice Silk Road”, the ‘Ice Silk Road’, symbolically evoking the ancient trade links between East and West.

The change is not merely commercial. The project reflects a broader transformation that also encompasses climate and geopolitics. The melting of the polar ice caps is, in fact, making the North-East Passage – along Russia’s northern coastline – increasingly accessible, opening up an alternative to the traditional sea routes through the Suez Canal and the Red Sea. The journey between China and Europe could be reduced from around 40 days to just over 20, resulting in significant savings on operating costs and fuel.

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Shipping companies’ interest in the Arctic route has grown rapidly in recent years. In the summer of 2025, a record 23 transits were recorded along the Northern Sea Route, compared with 15 in 2024. During the summer months, the sea ice retreats sufficiently to allow passage even for ships without specialised ice-breaking capabilities.

It is not just economic factors that are driving shipowners. The growing instability along some of the main bottlenecks in global trade is making the Arctic an increasingly attractive option. In particular, tensions in the Red Sea and the Bab el-Mandeb Strait, where the Iran-backed Houthis have renewed their threats against commercial shipping, have brought the vulnerability of traditional routes back into the spotlight.

However, the prospect of a new trade route passes through a highly sensitive area. The Northern Sea Route is controlled by Russia through an agency administered by Rosatom, the state-owned nuclear energy giant, which issues navigation permits for the 28 sections into which the route is divided.

On a geopolitical level, China’s growing presence in the Arctic also intersects with Moscow’s ambitions, which see the development of northern sea routes as an economic and strategic lever. Beijing had already included the Arctic in the Belt and Road Initiative, defining the region as an extension of its global infrastructure network. But the economic benefit comes at an environmental cost. Many European companies continue to steer clear of the route. Following the first trial voyage carried out by Maersk in 2018, the Danish group and numerous Western operators have chosen not to use the route for fear of the impact on the Arctic ecosystem, one of the most fragile on the planet.

Data on climate change explain why navigation is becoming possible. According to a study by the University of Southampton, the extent of Arctic sea ice at its winter peak has decreased by 5.8 per cent between 2024 and 2025, the sharpest decline ever recorded. Although a slight recovery has been observed this year, sea ice cover remains the second lowest on record.

Despite the enthusiasm of some operators, navigation in polar waters remains challenging. Satellite communications and GPS systems can be less reliable at high latitudes, rescue operations are limited, and any accident would have consequences that would be particularly difficult to manage. Over the past ten years, more than 500 maritime incidents have been recorded in the Arctic; almost half were caused by technical faults or malfunctions. Yet the sector appears to be banking on the future of this route. Orders for ice-class vessels have reached their highest levels in the last decade: 167 vessels to be built in 2025 and a further 164 planned for 2026. A sign that, amid climate risks and geopolitical tensions, the race for the Arctic has already begun.

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