Business · Trade · 10 hrs ago

Lavrov says Northern Sea Route shipping has reached a record high

Lavrov says Northern Sea Route shipping has reached a record high

Russian Foreign Minister Sergey Lavrov says shipping on the Northern Sea Route has reached a record high.

In early 2026, the route had 1.5 times as many voyages as in the same period last year, while cargo volumes rose 25%.

Lavrov forecasts 40 million tonnes of cargo for 2026.

The route runs through Arctic waters and, in Lavrov’s view, offers a safe and cost-effective alternative to southern shipping corridors.

He also said trade was growing along Russia’s North-South transport corridor and eastern rail network.

A Rosatom official said year-round service could begin as early as 2027, if regular deliveries to Asia by a major shipper get underway.

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Sergey LavrovRussian foreign minister
Shipping along the Northern Sea Route has reached an all-time high: the number of voyages along this route in early 2026 was 1.5 times higher than in the same period last year, while cargo volumes increased by 25 percent.
via TASS
Безопасной и рентабельной альтернативой южным транспортным артериям становятся трансарктические маршруты
via Vedomosti