The route’s promise The NSR presents a compelling alternative to the Suez Canal, reducing the sailing distance between Europe and Asia from 21,000 km to 13,000 km.

an Arctic sea route north of the Canadian mainland. Could it herald an era of more cargo shipping around the top of the world? Back in the 19th Century there was a race to map and navigate the ...

China and Russia are stepping up efforts to develop Arctic shipping routes amid growing geopolitical tensions between both countries and the West. The two nations had reached consensus on the ...

While most would justifiably consider this a tragic consequence of climate change, some countries and industries stand to benefit from the new trade routes and resources a melting Arctic would unlock.

(Bloomberg) — Russia is facing a deficit of ice-class cargo vessels for its gigantic Northern Sea Route project as the nation cannot build the fleet on its own, according to Deputy Prime Minister Yury ...