Is Global Icebreaker Race Imminent?

... than economic On July 11, 2024, on the margins of the NATO Summit in Washington, the US, Canada and Finland announced a new trilateral consortium—the Icebreaker Collaboration Effort, or ICE Pact—with an explicit intention to challenge Russia and China in icebreaker construction and deployment. It is expected that by the end of 2024 the three nations will turn ICE into a detailed business plan with financial projections, binding commitments and specific deadlines. The pact aims to produce a fleet of ice-breaking ...