Container Carriers Line up Arctic Services as Red Sea Alternative
7 Articles
7 Articles
Russian President Vladimir Putin has said that despite Western sanctions amid the Ukraine conflict, partner countries like India and China are showing a keen interest in expanding cooperation along the Northern Sea Route (NSR). Putin also warned against the growing artificial tensions in the Arctic.
Modernizing cargo ships to boost capacity on the Northern Sea Route
Russia's Ministry of Industry and Trade has designated cargo vessel construction as the priority focus of state support for the shipbuilding sector, Deputy Minister Albert Karimov told TASS. The policy aims to renew an aging fleet through a comprehensive program covering civil vessels of multiple categories — cargo, passenger, fishing and technical fleet, service and auxiliary ships. The ministry is discussing a shift to financing based on stand…
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