Northern Sea Route faces commercial challenges amid shifting Arctic geopolitics

Northern Sea Route cargo volumes from 2015 to 2025 in million tonnes.

The Northern Sea Route offers a potentially shorter maritime connection between Europe and Asia, but its commercial development continues to face significant infrastructure, operational and geopolitical challenges. Cargo volumes along Russia’s Arctic coastline declined from 38 million tonnes in 2024 to 37.2 million tonnes in 2025, remaining well below the country’s ambitious shipping targets. The study examines Russia’s efforts to […]

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