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Russia’s Northern Sea Route: not a Suez rival

The-Northern-Sea-Route

This new report says Russia is pushing the Northern Sea Route as an Asia–Europe shortcut, yet traffic remains small and heavily fossil-led—~84% oil & gas in 2024 with 37.9 Mt total throughput, far below state targets. Navigation is still seasonal and hazardous (shallow straits, drifting ice, dense fog), with limited SAR capacity—recall multiple vessels trapped in 2021 despite “light” ice […]

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