As oil and gas exploration moves to cold climates in arctic and sub-arctic regions, the demand for ice capable vessels such as tankers, liquefied natural gas (LNG) carriers, offshore support vessels, and mobile drilling units is growing rapidly. The Arctic Council recently published a document summarizing the multi-faceted challenges and issues in the Arctic Marine Shipping Assessment Report in 2009. The report stated that the Arctic is undergoing extraordinary changes in both the natural environment and the regulatory environment. Our purpose here is to examine the recent changes in regulatory changes in the Polar region.
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