19:06 Russia advocates “North Sea Route”, Australian scholars are not optimistic

“Rosatom” (Rosatom) official Vladimir Panov (Vladimir Panov) said, “The development of the North Sea route will make global trade more stable.” The picture shows Russia’s floating nuclear power plant along the “North Sea Route.” From Murmansk, Russia to Chukotka, Russia. (Reuters)

2021/04/01 19:06

[Instant News/Comprehensive Report]The Evergreen “Long Give” was released on the 29th of this month after being stranded on the Suez Canal for 6 days. However, this stranding incident has caused Russian officials to vigorously tout the “Northern Sea Route”, because if Russia succeeds in persuading countries to change to the “Northern Sea Route,” it will bring great economic benefits to Russia.

According to comprehensive foreign media reports, Rosatom, which is responsible for the development of the Arctic Sea Route, stated on the 25th that the stranding of the Long Grant shows how fragile the canal navigation route between Europe and Asia is. An official of the unit, Vladimir Panov, said, “The development of the North Sea route will make global trade more stable.” Another official, Nikolai Korchunov, said, “Whether it is in the short or long term From a perspective, the demand for the North Sea route will increase.”

It is reported that the “North Sea Route” is one of the waterways that passes through the Arctic Sea and connects Europe and Asia. Compared with the Suez Canal, if you sail the “North Sea Route” from Europe to Asia, you can reduce the voyage by 4000 nautical miles (about 7400 kilometers). However, due to the barrier of Arctic ice, the “North Sea Route” has not always been the main trade route choice.

However, in recent years, due to global warming, the ice layer has gradually melted and declined. Therefore, Russia has vigorously promoted the advantages of the “North Sea Route”. Due to tariffs and administrative costs, the “North Sea Route” will boost the Russian economy and reactivate Russia’s oil and gas industry.

In fact, Russia has long invested heavily in the “North Sea Route.” Russian President Vladimir Putin set a target in 2018, requiring that the number of cargoes operating along the “North Sea Route” increase from 11 million tons in 2017 to 80 million tons by 2024.

However, Elizabeth Buchanan, a strategic lecturer at the National Defense College of Deakin University in Australia, believes that the “North Sea Route” is not a real alternative route from a commercial point of view. He said that due to the unpredictability of Arctic ice, insurance on this channel will be more expensive than other channels; in addition, the steepness of the “North Sea Route” and Russia’s strict road crossing requirements will deter shipping; plus this route. The lack of online ports and transportation links will become one of the factors for commercial considerations.

It is reported that although 33 million tons of cargo will be transported along the “North Sea Route” in 2020, they are still mainly concentrated in the western region, and there are not many transit transportation between Europe and Asia. The “Russian State Atomic Energy Company” has also requested the Russian Ministry of Transport to reduce its cargo target to 60 million tons by 2024.

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