Menu

Post image 1
Post image 2
Post image 3
Post image 4
Post image 5
Post image 6
Post image 7
Post image 8
Post image 9
1 / 9
0

Why Russia's Northern Sea Route is a risk for global trade

dw.com·Dasha Thyssen·29 days ago
#FTaw5CJY
#sm#post#navigation#route#arctic#russia
Reading 0:00
15s threshold

The Iran war and resulting blockade of the Strait of Hormuz have focused minds on international shipping. Russian officials are promoting the Northern Sea Route (NSR), an Arctic sea lane running along their country's northern coast. President Vladimir Putin said in April the route's importance as "the most safe, reliable and efficient path is becoming ever more obvious." It is the shortest maritime route between Asia and Europe. But it's frozen for much of the year, and comes with significant political considerations. DW asked an environmental foundation which has studied the route — how realistic is this vision of the NSR as a new major shipping passage? Northern shipping route less popular because of Russia's war in Ukraine Shipping goods along the Northern Sea Route can reduce travel distance by up to 40%, compared to going via the Suez Canal, which is the most common route between Asia and Europe. But for a host of reasons, the NSR is not used that often.…

Continue reading — create a free account

Join HashtagPLUS to read full articles, follow hashtags, vote, and join the conversation.

Read More