Russia

‘We Want to Change the Course of History,’ Northern Sea Route Operator Says

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The building of the Lider nuclear-powered icebreaker fleet could radically alter international shipping and trade routes, Alexei Likhachev, general director of the Rosatom nuclear power company, has said in an interview with Reuters.

With the 120-megawatt icebreakers, the most powerful Arctic vessels ever built by far, Russia will be able to open up major shipping lanes across the ice-covered Arctic and provide trans-Arctic shipments at a high speed, Likhachev said in the interview that was republished on the state companys website.

Must be competitive

According to Likhachev, three Lider vessels will be able to provide tankers with trans-Arctic voyages at a speed of 10-12 knots.

"They must move like a commuter train with a fixed time schedule," he said.

"There must be convoys that form and meet each other halfway and that are headed by the icebreakers, [and] if we do not make it with a speed of 18-20 kilometers per hour, the operational costs of the shipping companies will soon start to grow and they could drop out of the market," Likhachev said.

It all depends on icebreaker capacities — and the company leader is confident that the vessels will be built.

"There are risks, but we eye a confirmation that the Lider icebreaker project, on which year-round shipments depend, is progressing," Likhachev said in the interview.

Public Domain

New responsibilities

The Russian state company was in January 2019 officially granted the leading role in the development of the Northern Sea Route, the seaway that stretches from the Arctic archipelago of Novaya Zemlya to the Bering Strait. The company that employs more than 250,000 people and engages in a multitude of activities related to nuclear power development and production is now formally Russias management authority for the vast Arctic area.

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The law was adopted by the State Duma on December 11 and signed by President Vladimir Putin on December 28.

business

Arctic Sea Route Opens For the Summer With First Yamal LNG Cargo

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The new legislation came into force as Russian Arctic shipping is on a rapid increase. In 2018, more than 18 million tons of goods were transported on the sea route, an increase of almost 70% from 2017. And more is to come. According to Putin's so-called May Decrees, the top national priorities, shipping on the Northern Sea Route is to reach 80 million tons by 2024.

Rosatoms new powers in the Arctic include development and operational responsibilities for shipping, as well as infrastructure and seaports along the northern Russian coast.

According to Likhachev, as much as 735 billion rubles (10.3 billion euros) are to be spent on the development of the Northern Sea Route as part of Putins May Decrees. The state share of the sum amounts to 274 billion rubles (3.8 billion euros). The rest will be covereRead More – Source

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