Home Business Freight traffic is on the rise "Northern Navigation Corridor"

Freight traffic is on the rise "Northern Navigation Corridor"

Deputy Prime Minister of the Russian Federation Alexander Novak said that according to the data for the month of July, cargo traffic along the Northern Sea Corridor increased by 5% compared to the same period last year in 2021.

This was announced by the Deputy Prime Minister of Russia at a meeting with Russian Prime Minister Mikhail Mishustin on Monday.

“In 2021, the movement of goods reached 35 million tons, which is two million tons more than planned. This year and until July 2022, the movement of goods (along the Northern Corridor) is growing by 5%, as for the transportation of goods in transit (in transit), it has increased,” Mishustin said. The number has tripled in the last two years. for this navigation route.

The Northern Navigation Route passes through the Arctic and connects the Atlantic and Pacific Oceans via the Arctic Ocean. Russia is working very closely on the development of the sea route.

Moscow plans to use this corridor to export oil and gas to foreign markets, especially since much of it is largely ice-free. In the future, the Northern Sea Corridor is expected to become the main trade route for goods transported between Europe and Asia.

Source: TASS

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