Is Global Icebreaker Race Imminent?

The ICE alliance has more geopolitical and geostrategic rationale 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 ...