• BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
FinanceTime
  • August 20th, 2026

FinanceTimeFinancetime

  • BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
Home
World
World

US, Canada, Finland launch effort to build ice-breaking ships as China and Russia cooperate in Arctic

July 11th, 2024 | 14:03 PM WORLD 3

Facebook Twitter Google+ LinkedIn Pinterest

Worth reading...

Ukrainian capital Kyiv under attack by Russian ballistic missiles, mayor says
US debt crosses $40 trillion threshold after doubling under Trump and Biden
UN's Guterres seriously concerned by US sanctions on ICC
Trump taps White House adviser Overton to lead FDA
By Michael Martina

The U.S., Canada and Finland will form a consortium to build icebreaker ships, a senior U.S. administration official said, a move intended to bolster the allies' shipbuilding and counter Russia and China in increasingly strategic polar regions.

The initiative, called the Icebreaker Collaboration Effort or ICE pact, is being unveiled on Thursday on the sidelines of a three-day NATO summit in Washington, where the alliance has called on China to end its support for Moscow's war against Ukraine.

The pact aims to produce a fleet of ice-breaking ships to "project power" into the polar regions and enforce international norms and treaties, a senior U.S. administration official told reporters, calling it a "strategic imperative."

The deal - which the three NATO members aim to sign by year-end - will pool demand from allies to scale shipbuilding capacity, the official said, adding that it was designed to send a message to Russia and China.

"Without this arrangement, we'd risk our adversaries developing an advantage in a specialized technology with vast geostrategic importance, which could also allow them to become the preferred supplier for countries that also have an interest in purchasing polar icebreakers," the official said.

U.S. lawmakers and experts have lamented the atrophy of U.S. shipbuilding capacity in recent years, especially because China is producing naval ships at unprecedented levels.

Construction of U.S. Navy ships is years behind schedule.

The official did not give a timeline for the new icebreakers nor say how many vessels the U.S. sought to produce under the pact, but noted the U.S. currently only has two icebreakers, which both are nearing the end of their lifespan.

"We intend to scale up by multiples of the current amount as soon as we can," the official said.

Together, the governments will identify shipyards in the three countries that can meet demand from partners and allies.

"Right now, it's too small, and it's taking too long, and we're not generating the production that we need," the official said. The official said U.S. allies want 70 to 90 icebreakers over the next decade.

The move comes as China seeks to develop new shipping routes in the Arctic and expand its research in Antarctica. Western governments worry China's army could gain better operational and surveillance capabilities from its polar activities.

As climate change shrinks polar ice packs, Arctic seas are increasingly being used as trade routes connecting the Pacific and Atlantic oceans to major economies.

China and Russia have been working together to develop Arctic shipping routes as Russia seeks to deliver more oil and gas to China while Moscow is under increased Western sanctions.

Russia has more than 40 icebreakers with more in production, and China operates its own smaller but growing fleet. The two countries signed a "no limits" partnership days before Russia's 2022 invasion of Ukraine.

Canada and Finland combined have dozens of icebreakers.

  • Topic
  • NATO
  • SUMMIT/ICEBREAKERS (PIX)
Facebook Twitter Google+ LinkedIn Pinterest
Previous article Ukrainian capital Kyiv under attack by Russian ballistic missiles, mayor says

Related Posts

World
August 19th, 2026

Ukrainian capital Kyiv under attack by Russian ballistic missiles, mayor...

World
August 19th, 2026

US debt crosses $40 trillion threshold after doubling under Trump and Bi...

World
August 19th, 2026

UN's Guterres seriously concerned by US sanctions on ICC

World
August 19th, 2026

Trump taps White House adviser Overton to lead FDA

World
August 19th, 2026

US, Canada trade negotiators meet after Trump sets new tariff deadline

World
August 19th, 2026

US warns Siemens devices can be hacked amid fears Iran is breaching wate...

The Wire
Aug 20th 2 h ago
Investigates

In China, rocket launches fuel tourism and space-age dreams

Aug 19th 3 h ago
Asia Pacific

Japan exports rise 23.2% year/year in July

Aug 19th 3 h ago
Baseball

D-backs score twice in 10th, salvage series finale at Red S...

Aug 19th 4 h ago
Government

US tells schools not to alter discipline policies to reduce...

Aug 19th 4 h ago
Transactional

China tax crackdown forces wealthy investors to assess thei...

TRENDING ON FINANCETIME
Aug 19th, 2026 Tennis

Paul ousts top seed Zverev to reach Cincinnati quarter-finals

Aug 19th, 2026 Litigation

AIA Group's first-half new business value rises 10%

Aug 19th, 2026 Energy

Brazil's largest thermal power plant shut down after equipment failure

Aug 19th, 2026 United Kingdom

Key moments in Prince Harry and Meghan's six years in California

Aug 19th, 2026 Sports

Orioles reinstate C Samuel Basallo (shoulder) to active roster

Markets-Sectors
ENERGY -0.16%
FINANCIALS -0.62%

  • BUSINESS
  • MARKETS
  • WORLD
  • POLITICS
  • TECH
  • COMMENTARY
  • BREAKINGVIEWS
  • MONEY
  • LIFE
  • SECTORS
  • Back to top
FinanceTime
FinanceTime

World Business & Financial News, Breaking US & International News

Additional Services
  • Privacy-Policy
  • Terms and Conditions
© Financetime.org 2026. All rights reserved. Hosted by LeadsDeposit.com
Produced by C-iT