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

Russian Drone Hits Two Foreign-Flagged Vessels Near Odesa

Russian Drone Hits Two Foreign-Flagged Vessels Near Odesa

Turkey to Import 210,000 Metric Tons of Feed Barley

Turkey to Import 210,000 Metric Tons of Feed Barley

Senalia Expects Double Grain Shipments in 2025/26

Senalia Expects Double Grain Shipments in 2025/26

US Import Cargo Volume Expected to Remain Down Year-Over-Year Until Spring

US Import Cargo Volume Expected to Remain Down Year-Over-Year Until Spring

Subscribe for Maritime Logistics Professional E‑News

North Korea claims that a South Korean drone violated its airspace on January 4,
IAG, the owner of British Airways, names Barrionuevo an insider as its new CFO
Boeing's largest 737 MAX aircraft model is moving to the next certification stage but still faces obstacles