RT.com
05 Jun 2026, 22:36 GMT+10
India is very interested in the Northern Sea Route and joint development of capabilities is ongoing, says Russian minister
India is considering increasing its use of the Northern Sea Route (NSR) running through the Arctic ocean in the future because of disruptions to seaborne trade in the Hormuz strait, Alexey Chekunkov, the Minister of the Russian Federation for the Development of the Far East and the Arctic, has said.
Speaking to RT on the sidelines of the St. Petersburg International Economic Forum (SPIEF 2026) on Friday, Chekunkov said that the operational shipping line between Vladivostok and Chennai, called the Russia-India sea transport corridor, can be extended to link India to European markets via the NSR.
Russia wants the NSR - which runs through the Arctic Ocean off the country's northern coastline and is the shortest shipping route between East Asia and Europe - to become a major shipping lane, and is investing heavily in its infrastructure.
It would provide India with alternative routes to ship commodities to markets in eastern and northern Europe, saving up to 40% in distance and about two weeks of travel time - compared to traditional routes through the Suez Canal.
The disruption of shipping traffic in theStrait of Hormuzfollowing the conflict in Iran has made this route more appealing for India.
"The Indian side is very interested in it," Chekunkov said. "We have dramatic common capabilities, common opportunities to jointly develop ice-level fleet to jointly develop container shipping, which is happening."
Indian shipyards are building four non-nuclear icebreaker ships to navigate the harsh waters of the Arctic route.
Russian energy major Gazprom delivered its first cargo of liquefied natural gas (LNG) via the Northern Sea Route to China in 2023, saving 2 weeks in voyage time.
He added that Prime Minister Narendra Modi and the Indian business community are interested in developing trade ties with the Russian Far East, realizing its major logistical and economic potential.
READ MORE: Russia-India sea transport corridor operational New Delhi
The Russia-India sea transport corridor became operational in 2024. Also called the Eastern Maritime Corridor (EMC), this route originally opened in the 1960s and facilitated Soviet trade with India. Later, as the volume of goods being shipped decreased, it fell into disuse.
(RT.com)
Get a daily dose of Shanghai Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Shanghai Sun.
More InformationDUBAI/BEIRUT: The Iran-backed Hezbollah group rejected a new ceasefire in Lebanon on June 4, while Israel said it would not pull its...
DUBLIN, Ireland: Children as young as seven are being targeted by criminal gangs in parts of Ireland and trained to carry drugs and...
WASHINGTON, D.C.: The Trump administration this week imposed sanctions on Iran's largest digital asset exchange and three other cryptocurrency...
TOKYO, Japan: Severe tropical storm Jangmi hit Japan on June 3, bringing strong winds and heavy rain that disrupted transport and businesses...
BELFAST, Northern Ireland: A man who pretended to be live-streaming a video game on YouTube to create an alibi while he killed his...
KHARTOUM, Sudan: The United Nations says sexual violence has become one of the main features of the war in Sudan, which is now in its...
BEIJING, China: China is stepping up efforts to expand the use of its digital yuan both domestically and internationally, according...
Bhopal (Madhya Pradesh) [India], June 5 (ANI): Madhya Pradesh Chief Minister Mohan Yadav launched an 'Ek Ped Maa Ke Naam 2.0' campaign...
New Delhi [India], June 5 (ANI): India's automotive sector has demonstrated remarkable resilience and momentum, recording a stellar...
Seoul [Korea], June 5, (ANI): The tech rally that was driving the markets to record highs fizzled on Friday as Asian shares came under...
Mumbai (Maharashtra) [India], June 5 (ANI): The equity markets opened in positive territory on Friday as investors remained focused...
New Delhi [India], June 4 (ANI): In the wake of the Malviya Nagar fire tragedy, Delhi Chief Minister Rekha Gupta on Thursday called...
