Page 71: of Maritime Reporter Magazine (April 2012)
Offshore Deepwater Annual
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April 2012www.marinelink.com 67Risk is commensurate with reward. In the Arctic, the rewards are great, but so is the risk. As the ice cover is diminished, a longer season and newopportunities exist for the extraction and shipment of minerals, oil and gas;new waters are open for fishing and tourism; and new routes are available to significantly reduce distance and transit time. All this has resulted in a surge in interest and activity. By Edward Lundquist
