Who said the effects of global warming are all negative? According to new research conducted by UCLA, melting sea ice during the late summer will make Arctic shipping channels much more accessible. The economy of the world depends on shipping as nearly all of a country’s imports and exports are transported across the global by these large ships. Canals like the Suez and Panama have helped reduce the length of certain shipping routes, but nothing has been done in the Arctic region because of the unreliable weather and treacherous ice.