Infrastructure development of the Northern Sea Route will require about $ 1 billion, said Vyacheslav Ruksha, CEO of Atomflot of Rosatom Corp. in an interview with journalists, Murmansky Vestnik reports.
"For the development of year-round navigation via the Northern Sea Route main expenses item would be the cost of building of at least three nuclear-powered icebreakers (which could cost about $3bn), nearly $1bn will be needed for NSR’s infrastructure development (navigation, communications, hydrography, salvage operations). This would allow to ship 20-30 million tons of cargo annually through the north shipping lane. And I think, a lot more ", Mr. Ruksha is quoted as saying.
Read more about the development of the Russia’s Northern Sea Route on PortNew’s Relevant Topic, Aug. 26, 2010
"For the development of year-round navigation via the Northern Sea Route main expenses item would be the cost of building of at least three nuclear-powered icebreakers (which could cost about $3bn), nearly $1bn will be needed for NSR’s infrastructure development (navigation, communications, hydrography, salvage operations). This would allow to ship 20-30 million tons of cargo annually through the north shipping lane. And I think, a lot more ", Mr. Ruksha is quoted as saying.
Read more about the development of the Russia’s Northern Sea Route on PortNew’s Relevant Topic, Aug. 26, 2010