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Russia is expected to increase its fleet of icebreakers as there could be large-scale expansion of the Northern Sea Route for trade. Rosatom Director General Alexei Likhachev recently suggested that ...
While not recklessly exploiting the Arctic reserves, India should also get a say in the commercial opportunity for the unseen ...
(MENAFN) The development of Russia's Northern Sea Route (NSR) will be the key focus at the International Arctic Forum in Murmansk, where discussions will take place on Wednesday. Murmansk ...
Their agreement involves building five ice-class container ships and investing in infrastructure such as deep-water ports and refueling and repair facilities along the Northern Sea Route along ...
Geopolitical rivalries are intensifying in the Arctic, but Russia is willing to cooperate with foreign partners, including ...
He also highlighted the expansion of the Northern Sea Route, projecting cargo volumes to reach up to 100 million tons by 2030. Russia currently has the world’s largest icebreaker fleet ...
President Vladimir Putin is keen to ramp up commerce via the Northern Sea Route through Arctic waters as Russia shifts trade towards Asia and away from Europe because of Western sanctions.
In Murmansk, within the framework of the 6th International Arctic Forum, a joint meeting of the commissions of the State Council of the Russian Federation on the development of the Arctic and the ...