Freight traffic through the Northern Sea Route shot up

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Freight transport through the Northern Sea Route has risen up more than four times over the past 5 years, according to Aleksandr Kalashnikov, head of the Northern Sea Route Administration.

According to the Russian news network RT, from the beginning of 2018 until the 1st of October, the volume of cargo carried through the NSR was 13 million tonnes, compared with 3 million tonnes in the corresponding period of 2013, while it is expected to reach 17 million tons by the end of this year.

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The Northern Sea Route belongs to the Exclusive Economic Zone of Russia, and is emerging as a major maritime route for goods moving between Europe and Asia. At present, through the NSR, petroleum and petrochemical are mainly loaded as well as LNG, coal and iron ores.