Northern sea route cargo shipments on the rise
It is expected to reach 3 million tons - record volume since the late 1980's This year the cargo transportation of the Northern Sea Route (NSR), a shipping lane from the Atlantic Ocean to the Pacific Ocean along the Russian Arctic coast, is expected to reach 3 million tons, which is a record volume since the late 1980's, Andrei Smirnov, an official with the parent navigation company Rosatomflot said.In the late 1980's the cargo transportation volume on NSR amounted to 7 million tons. However, in the 1990's it declined almost five times down to 1.5 billion tons. Later the growth resumed and in 2010 the volume of cargo transportation reached 2.3 billion tons. The leap is explained by a number of factors, Smirnov says."Though the Northern sea route was open for foreign ships navigation 20 years ago, only in 2009 foreign ship-owners got interested in this route. Three foreign ships used the route and last year transit along the route already reached 100,000 tons. This year a Russian icebreaker has convoyed the Affinity tanker. It is likely that two-three more ships will sail the NSR this year. Many foreign shipping companies are interested in the transportation of cargos to Asia ...
Read moreDetails