Scorpio tanker completes Northern Sea Route voyage
Northern Sea Route connects the Atlantic to the Pacific Ocean via the Russian arctic coast A tanker managed by Scorpio Ship Management s.a.m. recently completed a voyage from Vitino, Russia to Map Ta Phut, Thailand, via the Northern Sea Route (NSR) -- with the assistance of nuclear powered icebreakers. This is the first such voyage for a vessel managed by SSM.The NSR, which connects the Atlantic to the Pacific Ocean via the Russian arctic coast, is only open occasionally for international commercial shipping and is navigable with the assistance of icebreakers from mid-summer to mid-autumn. In addition to gaining considerable savings in distance and fuel, by using the NSRP ships avoid both Suez Canal tolls and the risks of piracy in the Gulf of Aden and Indian Ocean region.The Scorpio-managed ship, STI Heritage is a 73,956 dwt ice class 1A Panamax tanker. It operates in the Scorpio Panamax Tanker Pool and is registered in the Marshall Islands and ABS classed. Owned by Scorpio Tankers Inc. (NYSE: STNG), it is on time charter to Gard Shipping AS. She performed the NSR voyage under a charter to Novatek Gas and Power.The planning for the voyage included a comprehensive risk assessment of the ...
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