The opening up of the region due to receding sea ice is \u201cchanging the geopolitical landscape,\u201d experts have told Politico<\/p>\n
China is preparing to launch a new shipping route along Russia\u2019s Northern coast, via the Arctic to Europe, Politico has reported on Thursday.
\nThe Northern Sea Route (NSR), which runs for thousands of miles through Russia\u2019s Arctic waters along its northern coast, has become more accessible due to receding sea ice and has been hailed in Moscow as an opportunity for new international projects.
\nOn September 20 China is sending the Istanbul Bridge container ship on an 18-day trip with icebreaker escort from Ningbo-Zhoushan port to Felixstowe in the UK. The new route is significantly faster than traditional voyages, which take about 40 days via the Suez Canal, 50 days via the Cape of Good Hope at Africa\u2019s southern tip, and around 25 days via Eurasian railways.
\n\u201cThe Arctic is the first region where climate change is changing the geopolitical map,\u201d Malte Humpert of the Arctic Institute told Politico, adding that the region is \u201cchanging the geopolitical dynamics because of resources and access to shipping routes.\u201d
\nHe noted that while most trade still flows through the Suez Canal, Mediterranean and Singapore, the Arctic could soon become an alternative because the voyage is about 40% shorter and faces \u201ca lot less geopolitical uncertainty.\u201d<\/p>\n
Read more<\/p>\n
Putin announces plans for new floating nuclear power plant<\/p>\n
His comments come as traditional corridors like the Suez Canal have faced piracy flare-ups near the Horn of Africa and missile and drone threats in the Red Sea, pushing some carriers to detour around Africa.
\nRussia has repeatedly called for international cooperation to develop the Arctic. Earlier this year, President Vladimir Putin outlined goals for the region, including making the Northern Sea Route a central part of the Trans-Arctic Transport Corridor and raising cargo volumes to 70\u2013100 million tons by the end of the decade.\u00a0
\nHe also announced plans to ensure year-round navigation supported by Russia\u2019s exclusive nuclear icebreaker fleet, as well as to expand existing ports such as Murmansk and build new ones along the route.
\nPutin has further highlighted the vast opportunities for oil, gas, metals and rare earth extraction in the Arctic, calling for joint ventures with foreign partners such as China, India, the UAE and others. He has also pledged to expand development of Arctic cities and promote tourism across the region.<\/p>\n","protected":false},"excerpt":{"rendered":"
The opening up of the region due to receding sea ice is \u201cchanging the geopolitical landscape,\u201d experts have told Politico China is preparing to launch a new shipping route along…<\/p>\n","protected":false},"author":1,"featured_media":18476,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[4,6,3],"tags":[],"class_list":["post-18475","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-environment","category-politics"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t