Putin to open regular Artic Northern Sea Route to global cargo shipments in 2022 to improve security and safety of global trade
SHIPPING | TRADE | CARGO | CLIMATE CHANGE | ARTIC | NORTHERN SEA ROUTE | RUSSIA
The Russian president Vladimir Putin, held talks this weekend talking to reporters from Vladivostok in eastern Russia, near to the boarders with China and Korea as part of Russia’s far east and artic economic forum.
On Friday Putin stated that the infamous Northern Sea Route, only made passable in recent years due to climate change and the loss of ice, should be opened up to the world.
The Northern Sea Route removes the need for cargo ships to travel through the Indian Ocean, Middle East, Africa or Central America by allowing shipments to travel north through the Artic via Vladivostok and St Petersburg.
The route is shorter than the traditional Europe to East Asia route of traversing the Suez Canal cutting down on carbon emissions and reducing fuel costs. The route also avoids waters notorious for pirate activity further reducing costs for security, policing and lost goods and vessels.
Russia has invested in infrastructure to develop the route and intends on creating a new major global shipping route as the Artic warms at a faster rate than the rest of the world with recent summers topping 30C and Siberia experiencing wild fires.
USA, Canada, Denmark and Norway who also have interests and shore lines in the Artic have been jostling for territorial claims to the Artic sea since the loss of ice started to drastically accelerate. Famously Russia planted a Russian flag on the sea floor at the geographic North Pole in 2007 and has since bolstered its military and defence presence along its vast Artic shore which stretches all the way from Alaska (USA), Japan, China and Korea in the east to the EU in the West.
© 2021 Al-Sahawat Times, Printed and Distributed by IPMG, an Al-Said Group entity.
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