Business & Economy

Countries Interested in Northern Sea Route Shipping, Demand to Grow: Russian Minister

© SovcomflotSovcomflot LNG ship Christophe de Margerie and Russian icebreaker 50 Let Pobedy traverse the Northern Sea Route in February 2021, the first commercial cargo vessel to do so
Sovcomflot LNG ship Christophe de Margerie and Russian icebreaker 50 Let Pobedy traverse the Northern Sea Route in February 2021, the first commercial cargo vessel to do so - Sputnik India, 1920, 13.06.2026
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Global demand for shipping along the Northern Sea Route is expected to surge as the corridor expands, particularly amid ongoing tensions surrounding the Suez Canal, Russian Far East and Arctic Development Minister Alexei Chekunkov told Sputnik.
"I am absolutely convinced of this," Chekunkov said in response to a question whether he expects an increase in global demand for transportation along the Northern Sea Route in the future, including given the tension around the Suez Canal.
While Russia is building the most complex technological solutions, icebreakers, launching satellites into space, ice-class vessels are being built in parallel, a system and infrastructure are being created, the minister added.
"As soon as this system starts functioning on a regular basis, believe me, the world's largest shippers will start testing it first, then they will start getting used to it, and then it will become the norm for them. Then, I think, we will see an explosive growth in transportation, which, in turn, will lower prices and make the Northern Sea Route even more attractive," Chekunkov said.
Many major countries are already setting themselves direct goals in this direction, he said.
"Not only Asian countries, but also African countries, of course, large maritime trading countries such as Egypt, Algeria, and Tunisia will be able to fully use the Northern Sea Route for transportation," Chekunkov said.
For now, the navigation season on the Northern Sea Route remains relatively short - about four to six months depending on vessel ice class - and there is still need for icebreaker escort, the minister said. However, as development plans are implemented, including the construction of 10 nuclear icebreakers, deployment of a satellite constellation, and building a fleet of 40 search-and-rescue vessels, year-round use of the shipping corridor is expected to become increasingly realistic, he added.
Fiftieth Anniversary of Victory nuclear powered icebreaker escorting the Baltica tanker of Sovcomflot along the Northern Sea Route from Murmansk to China's Ningbo harbor. - Sputnik India, 1920, 22.04.2026
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