FuelFix: More direct routes may be opening up in the Arctic, as melting ice has made previously unnavigable routes a growing possibility for large ships, including tankers carrying oil and gas, an expert said Wednesday at the Third Houston Shipping and Offshore Conference.
"The ice is melting and a new ocean is opening up," said Johan Vold, managing director of the Energy Policy Foundation of Norway and a former executive at Royal Dutch Shell and Statoil.
The conference was held at the Houstonian Hotel...