Question

In the question given below, a passage is given followed by three statements which may or may not be inferred from the passage. Select the correct statements that can be inferred.   Passage: The Global Maritime Council has reported a significant shift in international shipping routes as melting Arctic ice opens the "Northern Sea Route" for longer periods each year. While this route reduces travel time between East Asia and Europe by up to 40% compared to the Suez Canal, it requires specialized ice-class vessels that are more expensive to build and maintain. Captain Elena Vance, a logistics expert, noted that insurance premiums for Arctic transit remain nearly triple those of traditional routes due to the unpredictable nature of floating ice and the lack of deep-water rescue ports along the Siberian coast. Statements: 1. Shipping companies will save money on every trip by using the Northern Sea Route instead of the Suez Canal. 2. The Northern Sea Route is currently not navigable throughout the entire year. 3. Operating a vessel in the Arctic involves higher financial risks regarding safety and recovery than traditional routes.

A Only 1
B Only 1 and 2
C Only 2 and 3
D Only 1 and 3
E All of the above
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