According to Federal Agency for Maritime and River Transport estimates it could grow sixfold in the next three years. Last year 7.5 million tons of cargo was transported via the Northern Sea Route, which exceeded the Soviet record.

Cargo on Russia’s Northern Sea Route will continue to grow in the coming decades, and the freight hauled along the Northern Sea Route, would be up to 70 million tons by 2030. The sea terminals’ total annual capacity of Sabetta, Chaika and other seaports will be over 117 million tons by 2028.

The Northern Sea Route is expected to become a major trade route for goods shipped between Europe and Asia. It stretches the entire length of Russia’s Arctic and the Far East regions.

RT.com / AA Magnum News 2018.

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