The Northern Atlantic Sea Route links the North-eastern U.S.A. and Northwestern Europe , the two industrially developed regions of the world. This Sea route handles one fourth of world's foreign trade and therefore is the biggest sea route in the world. Hence statement 2 is correct . It is, therefore, the busiest in the world and otherwise, called the Big Trunk Route . Both the coasts have highly advanced ports and harbour facilities. It is, therefore, the busiest in the world and otherwise, called the Big Trunk Route. Both the coasts have highly advanced ports and harbour facilities. Hence statement 1 is correct