Researchers said it could also lead to unprecedented geo-political tensions between countries that have territorial claims in the region.
Global warming will make these frigid routes much more accessible than ever imagined by melting an unprecedented amount of sea ice during the late summer, a University of California - Los Angeles (UCLA) research shows.
"Nobody's ever talked about shipping over the top of the North Pole. This is an entirely unexpected possibility," said lead researcher Laurence C Smith, a professor of geography.
The findings, which explore accessibility during the Arctic's most navigable month of the year, September, appear in the journal Proceedings.
The first thorough assessment of trans-Arctic shipping potential as global temperatures continue to rise, the study is based on independent climate forecasts for the years 2040 to 2059.
By mid-century, even ordinary shipping vessels will be able to navigate previously inaccessible parts of the Arctic Ocean, and they will not need icebreakers to blaze their path as they do today, the researchers found.
The Arctic ice sheet is expected to thin to the point that polar icebreakers will be able to navigate between the Pacific and Atlantic oceans by making a straight shot over the North Pole, Smith and Stephenson predict.
The route directly over the North Pole is 20 per cent shorter than today's most-trafficked Arctic shipping lane, the Northern Sea Route, which hugs the coast of Russia.
Even the fabled and notoriously treacherous Northwest Passage, which traces Canada's coastline and offers the most direct route from Asia to eastern Canada and northeasternmost part of the US, is expected to become more viable for Polar Class 6 vessels - a common type of ship that has been strengthened against ice.
Today, the Northwest Passage is theoretically navigable only one out of seven years, on average, making it too unreliable to be a viable option for commercial shippers, the researchers said.
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