Northern Sea Route

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Russia launches Northern Sea Route development plan

The Russian government through its Northern Sea Route development plan, which was also approved and signed by the Russian Prime Minister, Dmitry Medvedev before the end of 2019, aims to give a boost to annual shipments on the Northern Sea Route to 80 million metric tons by 2024.

Russia’s most powerful nuclear-powered icebreaker completes stage one sea trials

Russia’s largest and most powerful nuclear-powered icebreaker returned from its stage one of sea trials prior to its planned delivery in May 2020. Namely, Arktika, which is still under construction at Russia’s Baltic Shipyard in St. Petersburg, departed St. Petersburg on December to the Gulf of Finland, returning two days later after completing testing of the ship’s generators, navigation and communications systems. 

Yamal LNG completes delivery of all Arc7 ice-class tankers

In fact, Yamal LNG announced the operational start of its new Arc7 ice-class LNG tanker Yakov Gakkel- the fifteenth and final of the Arc7 ice-class tankers built specifically for the Yamal LNG Project, according to a recent statement. Namely, the “Yakov Gakkel” has loaded the 354th LNG cargo in the port of Sabetta and is now set to China.

Rosatom buys stake in logistics firm, boosting Arctic presence

Rosatom is completing the legal process of acquiring a non-controlling interest in logistics firm Delo Management Company, to further solidify its position in the Arctic. On the basis of Rosatom’s logistics assets and the assets of Delo Asset Management, it is planned to create a new Arctic container line. 

Russian vessel successes transmit through NSR

The largest container vessel in the fleet of Russian carrier Oboronlogistics, Sparta III, successfully delivered cargo from China to Europe via the Northern Sea Route. The carrier in particular, stated that the overall saving on the journey is estimated to be USD $330,000. Moreover, significant savings in fuel and increase of security were also reported since the vessel navigated through pirate-free regions.

COSCO vessel completes voyage through Northern Sea Route

The ship Tian Xi of China’s COSCO Shipping Specialized Carriers Co., Ltd. has arrived at Qingdao Port after completing a voyage through the Arctic shipping route. Returning from Finland’s Helsinki, Tian Xi vessel has transported approximately 30,000 tons of high-quality paper pulp back to China.

Russia eyes 80 million tons of goods shipped annually via NSR

An annual cargo flow of 80 million tons of cargo are planned to be shipped annually through the Northern Sea Route by 2024, Rosatom Director General Alexey Likhachev told delegates on the sidelines of the Northern Sea Route (NSR) Public Council.

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