The Russian state atomic energy agency Rosatom has signed a memorandum of understanding with a Chinese shipping company to establish a year-round container line between the two countries through the Arctic Northern Sea Route (NSR). Rosatom stated that the agreement with the Chinese company Hainan Yangpu NewNew Shipping Co. Ltd envisages the creation of a joint venture for the design and construction of container ships and the joint operation of a shipping line.
June 07, 2024 | Russia and China strike fresh deal to drive year-round container shipping through the Arctic |