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DP World and Russia to pilot container shipping via the Arctic route
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building sustainable transport infrastructure in the Arctic opens up new opportunities in developing the Eurasian transit
Russia continues to develop shipping through the Arctic promoting it as a faster route that is an alternative to the Suez Canal says an article on Maritime Executive.
Shipping through Artic
In the latest development, ROSATOM, the Russian nuclear energy company that is the infrastructure operator of the Northern Sea Route announced a cooperation agreement with DP World for a pilot container shipping project using the NSR. The two companies will work together to develop and test the infrastructure to support cargo to be transported through the Arctic between Northern Europe and East Asia.
NMTC being created
According to ROSATOM, the Northern Maritime Transport Corridor (NMTC) is being created in stages on the basis of the Northern Sea Route under the NSR Infrastructure Development Plan 2035 approved by the Government of the Russian Federation. ROSATOM said that it will develop a new logistics business to support the next stage of development of the route.
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Source: Maritime Executive
