Role of Northern Sea Route Growing Amid Tensions in Suez Canal, Reports Sovcomflot

Sovcomflot Considering Alternative Shipping Routes in Case of Red Sea Escalation The role of the Northern Sea Route as a global route for the delivery of transit cargo from Asia to Europe and back is increasing due to the escalation of tensions in the Suez Canal, the press service of Sovcomflot stated. “The escalation of tensions in the Suez Canal and, as a consequence, a significant extension of logistics chains affect the potential for the development of alternative routes for the transportation of goods by sea. The role of the Northern Sea Route transport corridor as a global route for…