Finland-Norway Rail Link Planned to Fit Arctic Sea Routes

Wednesday, May 9, 2018 - 00:00

HELSINKI — A Finnish company said on Thursday it planned to develop a railway connection between north Finland and Norway's Kirkenes port to link with potential Arctic shipping routes at an estimated cost of between 3-5 billion euros (2.6-4.3 billion pounds).

Global warming has reduced ice coverage in the Arctic, opening up the possibility of new and shorter shipping lanes between north Europe and Asia, though control of routes is disputed.

Finland's Finest Bay Area Development said it had signed a memorandum of understanding with Norway's Sør-Varanger Utvikling to investigate how to build a railway and its impact on the environment, society and the economy.

Read more: https://www.nytimes.com/reuters/2019/05/09/world/europe/09reuters-arctic-railways.html