Norway and France Forge Closer Defense Ties With an View to the High North Norway and France recently signed a letter of intent on enhanced defense cooperation, emphasizing the significance of situational awareness and presence in the High North. "Protecting the maritime areas in Northern Europe is the key to European security," says the French minister of defense.
Russia Plans to Use Arctic River To Send Coal Shipments to Asia Coal from deep in the heart of Siberia could soon find its way to markets in Asia via the Yenisei River and Russia’s Northern Sea Route. The first shipments could happen as early as this summer.
“There is a Business Shift From West to East With Major Investments in The Polar Silk Road” “Over the past two years, investments has gone East and South, not West”, says Founder of China Investment Research, Henry Tillman about Russia’s Pivot to Asia.
Northern Sea Route Transit Traffic Remains Modest As Arctic shipping activity is increasing, transit traffic on the Northern Sea Route has not taken off, contrary to past predictions.
European Shipping Companies Far More Active on Northern Sea Route than Asian Ones There are few Asian shipping companies and operators working on the Northern Sea Route compared to the number of European companies. Much more frequent voyages are also taking place between the NSR and European ports than ports in the Asian Pacific region, a new study by senior researcher Björn Gunnarsson at CHNL finds.
