Huge Increase in Arctic shipping

February 3, 2019

Data from Russia’s ports and Northern Sea Route show that the volume of goods being shipped out into the Arctic waterway are up by 25 percent 2018.

According to information from the Russian Transport Ministry, a total of 92.7 million tons was handled by regional seaports, of which almost 70 percent was oil products and liquified natural gas.

The biggest increases came in Sabetta, which sits on the icy Yamal Peninsula in the Kara Sea, according to Bellona. With Novatek’s $27 billion Yamal LNG project now in commercial production, Sabetta has seen a 130 percent increase in the volume of cargo it handles – up to 17.4 tons for 2018.

Ports in Murmansk alone handled some 60 million tons of cargo in 2018 – an 18.1 percent boost over volumes from the year before. Archangelsk ports saw their volumes grow by 15 percent.

Other key seaports in the Russian north are also experiencing significant growth.

The goods turnover in regional port is reflected in the growing Russian shipping through Arctic waters, said a report in Arctic Today.  In 2018, the volumes of goods shipped on the Northern Sea Route amounted to more than 18 million tons.

Logistics News

Wilson Sons to Represent Brazilian Port Industry at Intermodal South America

Wilson Sons to Represent Brazilian Port Industry at Intermodal South America

Virgin Voyages Now Sailing from Port of Los Angeles

Virgin Voyages Now Sailing from Port of Los Angeles

Jones Act Waiver Not Boosting Oil Flows Within U.S.

Jones Act Waiver Not Boosting Oil Flows Within U.S.

Tom Drumm Appointed as Executive Director & CEO by Port of Oswego Authority

Tom Drumm Appointed as Executive Director & CEO by Port of Oswego Authority

Subscribe for Maritime Logistics Professional E‑News

Amazon and USPS strike a deal that allows them to maintain 80% of the package volume
Delta Air increases checked baggage fees due to rising jet fuel prices
SCENARIOS - Deal, delay or strike? Investors are on edge as Trump's Iran date approaches