MSC Mediterranean Shipping Company has decided not to use the Arctic as a new short cut between northern Europe and Asia and will instead focus on enhancing environmental performance on existing global trade routes.
Northern Sea Route
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.
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.
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.
On 2 September 2019, Korolev Prospect, Sovcomflot’s LNG-fueled Aframax crude oil tanker, successfully carried out a commercial voyage along the Northern Sea Route (NSR). This is the first time that a large-capacity oil tanker has crossed the full length of the NSR using only LNG.
On 26 August, the LNG-fueled Aframax crude oil tanker ‘Korolev Prospect’, owned by Russian Sovcomflot, began a transit of the Northern Sea Route. The ship will become the first such large-capacity crude oil tanker to travel the entire length of the Northern Sea Route using only LNG fuel.
CMA CGM ships will not sail through the Northern Sea Route, an area with a unique and largely unexplored biodiversity, the CEO of the French shipping group, Rodolphe Saadé, announced last week ahead of the G7 meeting underway in Biarritz.
Arctic Circle talks about the Northern Sea Route, lying between Arctic waters and within Russia’s exclusive economic zone. The Route has seen a significant economic growth the last years, which also affected population change, which in this area chooses to leave for the hinterland.
Russian natural gas producer Novatek announced that the Arc7 ice-class LNG tanker ‘Vladimir Rusanov’ completed the Northern Sea Route (NSR) passage via the Eastern direction, delivering a LNG cargo from the Yamal LNG project, at the port of Sabetta, to China’s port of Tianjin.
Russian natural gas producer Novatek announced Wednesday that Yamal LNG shipped the first LNG cargo to Japan in accordance with the long-term offtake agreement with French oil and gas company Total. The cargo was unloaded at the Tobata LNG Terminal.
SOLAS 2020 Amendments: An overview23/10/2019
First oil from Johan Sverdrup reaches Mongstad23/10/2019
Declined quarterly global cargo volumes for DP World23/10/2019
- Maritime Knowledge
Do you know why FONAR is needed from 2020 and onwards?23/10/2019
Unmanned vessel completes first east to west voyage of Atlantic23/10/2019
Exxonmobil goes to trial for misleading investors on climate change costs23/10/2019
Refineries unable to receive crude oil at Malaysia's Port Dickson23/10/2019
Watch: First hydrogen offshore platform pilot explained23/10/2019
Essar Ports reports 20% cargo growth23/10/2019
US announces $17 million for offshore wind projects23/10/2019