Previously, the Northern Sea Route was considered mainly as a shipping route for the export of hydrocarbons from the Arctic projects. With Russia making a logistics ‘pivot’ toward the East region, the NSR importance for transit and coastal shipping increased dramatically.
2022 December 21
Sanctions regime and the Northern Sea Route development outlook
Previously, the Northern Sea Route was considered mainly as a shipping route for the export of hydrocarbons from the Arctic projects. With Russia making a logistics ‘pivot’ toward the East region, the NSR importance for transit and coastal shipping increased dramatically.