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 Asia Pacific Star 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 Asia Pacific Star.
More InformationTOKYO, Japan: Severe tropical storm Jangmi hit Japan on June 3, bringing strong winds and heavy rain that disrupted transport and businesses...
When a refrigerated freight train packed with fresh durians and mangosteens arrived at the Chinese rail station of Mohan after journeying...
GENEVA, Switzerland: The United Nations weather agency said on June 2 that a moderate or possibly strong El Niño could develop, which...
BEIJING, China: China is stepping up efforts to expand the use of its digital yuan both domestically and internationally, according...
India is very interested in the Northern Sea Route and joint development of capabilities is ongoing, says Russian minister India...
New Delhi [India], June 5 (ANI): As the bilateral trade between India and Philippines reached USD 3.9 billion in 2025-26, both the...
WASHINGTON, D.C.: The Trump administration has proposed new tariffs of 10 percent or more on imports from dozens of major U.S. trading...
NEW YORK, New York - U.S. stocks closed sharply higher on Thursday, led by a blockbuster rally in the Dow Jones Industrial Average,...
NEW YORK CITY, New York: Elon Musk's SpaceX is planning an unprecedented stock market debut, aiming to raise a record US$75 billion...
SAN FRANCISCO, California: Microsoft said it expects to have commercially useful quantum computers by 2029 after unveiling a new quantum...
LONDON, U.K.: Nigeria's Dangote refinery has built up a significant surplus of jet fuel and is well-positioned to supply markets around...
NEW YORK, New York - Wall Street suffered a dramatic sell-off on Wednesday as a new outbreak of hostilities in the U.S.-Iran conflict...
