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Northward ho: The Northwest Passage is open for trade. Carrying a heavy load of coal and accompanied by Canadian icebreakers, the Nordic Orion became the first large cargo vessel to transport goods through the Arctic from Vancouver to Finland. The ship can carry 25 percent more coal on the Arctic route than it could if it had to pass through the shallow Panama Canal, and the route—more than 1,000 nautical miles shorter—saves four days. Global warming has made the passage possible, as Arctic sea ice retreats. “The melting in various places is alarming, but it’s creating opportunities that weren’t there before,” said Edward Coll, head of Bulk Partners, the holding company that owns the Nordic Orion.

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