According to market data and LSEG on Tuesday, Russian shipping company Sovcomflot began transporting Urals crude to Asia this year via the Northern Sea Route. Melting ice has opened the Arctic transit route to transit shipments source Marine Link.
Alternative Routes Amid SanctionsWestern sanctions are complicating navigation for Russia’s fleet in European Union waters, prompting the search for alternative routes from western ports to Asia. The Northern Sea Route, despite being shorter than the...
https://mfame.guru/russia-to-open-arctic-shipping-route-in-2024-for-urals-crude-oil-to-asia/