Shipping capacity of Russian Arctic sea route to top 80 million tons in five years | WHAT REALLY HAPPENED


Shipping capacity of Russian Arctic sea route to top 80 million tons in five years

The Russian Minister of National Resources and Environment Dmitry Kobylkin said cargo shipping in Russia’s northernmost territorial waters will exceed 80 million tons as soon as 2024.

“We started with five million tons of cargo, and today we see shipments of up to 35 million tons. But the potential capacity is much bigger than this with positive dynamics guaranteed,” the minister said in his recent interview with Rossiyskaya Gazeta daily.

According to the official, the bulk of the cargo shipped through the Arctic route is currently implemented by the country’s mineral resources sector. Kobylkin urged the government to provide the Arctic with significant state investment.

Comments

SHARE THIS ARTICLE WITH YOUR SOCIAL MEDIA