The $43 BILLION Arctic Passage That Will END The Panama & Suez Canals

The $43 BILLION Arctic Passage That Will END The Panama & Suez Canals

Global trade is suffering due to both geopolitical and climate-related problems in the Suez and Panama regions. The amount of cargo passing through the Panama and Suez Canals has dropped by more than 33%. Many ships have diverted to longer routes, leading to delivery delays, higher transportation costs, and economic decline. In this context, having a viable alternative to both the Panama Canal and the Suez Canal will significantly enhance global trade between nations. Today let’s explore the development of a new trade passage: the Northern Sea Route that could potentially shutdown the Panama and Suez Canals.

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0:00 Intro
1:30 The Northwest Passage
2:44 Significance of the Panama Canal
4:44 Transitioning to the Arctic Sea route
6:41 Costs of Developing the Arctic Sea Route
8:01 Logistical Challenges
10:36 Environmental Impact

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[ncdavelife]

I am so tired of these AI-voiced clickbait misinformation channels.

[brookestephen]

there is literally no one living along the entire route. The sea is shallow, the weather is horrible, the ice comes on fast, and you can wait for weeks to months for rescue. I think Panama is safe.

[craigthompson]

The Panama Canal problem was not caused by drought. The canal was widened. Engineers told them they needed more water reservoirs, but they were never built.

[charlesrowan]

Yea that is good one. America should make more their own products👍

[squireson]

Cheaper to simply pump water from Panamanian lower locks _back up_ to the upland locks (rather than letting the water run out to the sea). Still expensive, but cheaper and easier to implement than an arctic passage.

[DougNorth-mlde]

The Canadian route will NOT be free of Fees. Be clear on this. Canada will be expected to provide safety of passage and emergency care and that will come at significant cost which shippers will bear.

[LucasHeinemann-xf]

The Canada people should decide what to do with the North West passage. They have Islands surrounding the route. It would profit the Canadian’s economy. It would be such a good gain for Canada if this large amounts of ice would melt. Hopefully the animals can adapt up in the North.

[fonebonedon]

Sounds like the fabled Northwest Passage!

[DJC-itsw]

This is going to be a tricky situation over the next decades. The seasonal freeze/thaw is making this route feasible for a couple months but because of the flowing ice, there's no guaranteed accessibility. This passage and the Northern Sea Route are unique because while, according to international law, you're allowed to sail through a country's EEZ, I don't think international law says anything about being allowed to break ice in another country's EEZ.

Canada does need to massively invest in the NWP in any case. At least Russia already has a population and extensive infrastructure along the NSR

[markbaker]

Highly sceptical about this. I don’t believe the NW Passage is ever going to be navigable or become a trade route. Been talked about for centuries. Fascinating to see that Sir John Franklin’s ships the Erebus and Terror have recently been located though.

[philmacgregor]

Canada is not golng to allow shipping A free passage through sovern with out paying to maintain the route, CANADA considers it internal waterway not a international free passage

[danlowe]

The Panama Canal has not experienced anything close to a long-term drought. If you look at the rainfall charts from 1901 to 1922, you will find this to be true. The problem is that 52 million gallons of reservoir water is used per ship. This equal to 160 acre-feet. With 15, 000 ships per year, this equals 2.4 million acre-feet of water used every year. Now, add about 200, 000 acre-feet for the population's use = 2.6 million acre-feet/yr. Gatun Lake, the man-made reservoir built for the canal, only holds 4.2 million acre-feet at full capacity. This means there is only 19 months of water supply at full capacity.
Now, take into account that the months of January thru March historically produce nearly no rain, a 'drought' of only one rainy season is a big deal. This math is well known to the operators and government. It is simply easier to blame 'climate change'.

[danielrota]

after completing the northwest passage crossing f the Manhattan tanker Imperial oil who chartered the ship during a press conference said never again uses it. The crossing is to difficult it and was not worth the risk
Currently the Northwest passage is used by small cargo ships to transit mine concentrate mined in the Nanuvit territory
very few small cruise ship transit through the straight

[jayyoo]

The northern route along the trans-Siberia is more viable than Canadians in term of cargo movement. Commercial voyage has started already.
Canada had better acquire the nuke powered submarines to defend the polar sea.

[jimpawa]

We can’t successfully respond to oil spills and groundings in our US coastal waters what will happen in the US/Canadian Arctic waters.

[victorstock]

Excellent move, better security, economically sound, go for it!!!

[TournamentPlayer]

I'd never heard of the idea. It's interesting, perhaps not too likely yet. I love your photography and editing.

[Mechone]

If Canada is smart it won't be free to go through Canadian waters, same for US

[justme.]

I remember watching ' An Inconvenient Truth ' when it first came out and Al Gore was saying all this CERTAIN stuff about this passage being open permanently, bla, bla, bla never happened and then YEARSSSS later Clarkson and his two mates on Top Gear LITERALLY drove to the magnetic north pole in Toyotas and there was ZERO!!! chance of them falling through the very thick solid ice.

[PaulHodgson-gmlg]

I worked on an oil tanker, we delivered a ship load of fuel to Polaris mine on Cornwallis island, on that route. It was the end of September. We ran into a storm the spray was blowing over the bridge, with chunks of ice bouncing all over. This route will never be safe, as much of the ice is glacial. Sea level rise will make Panama and Suez all saltwater.