The Russian State Duma approved in the third reading a bill that would regulate merchant shipping on the Northern Sea Route. Main innovation is the creation of the single NSR Authority (NSRA). The bill also does not stipulate fees for passage of the Northern Sea Route, but the situation may be changed subordinate legislation.
2012 July 16
Innovations on Northern Sea Route
The Russian State Duma approved in the third reading a bill that would regulate merchant shipping on the Northern Sea Route. Main innovation is the creation of the single NSR Authority (NSRA). The bill also does not stipulate fees for passage of the Northern Sea Route, but the situation may be changed subordinate legislation.