MOSCOW, April 23 (Reuters) – Two Russian companies signed a deal on Thursday to build the world’s most powerful nuclear icebreaker to help boost trade on a northern sea route crucial to forging closer links with Asia.
Atomflot, a subsidiary of Russian nuclear group Rosatom, and the Zvezda shipyard, owned by a consortium led by oil giant Rosneft, said they would work together to build the Lider (Leader) icebreaker.
President Vladimir Putin has said that Arctic shipping routes along Russia’s northern coast could rival the Suez Canal as a short-cut trade route between Europe and Asia.
Rosatom said the icebreaker, fitted with a nuclear power unit, would be able to smash through ice as thick as 4 metres. The vessel, with the propulsion power of 120 megawatts, is scheduled to be constructed in 2027.
Russian government plans envisage the Northern Sea Route, which trims 4,000 nautical miles off the southern alternative via the Suez Canal, exporting 80 million tonnes of cargoes per year by 2024 to Europe and Asia
Russian companies are developing projects for the route in areas including liquefied natural gas, gas condensate, oil, coal and precious metals, among others. (Reporting by Vladimir Soldatkin; Editing by Mark Potter)
Russia hit petrol stations in Kyiv on Tuesday and Ukraine struck a Russian oil refinery, as the warring sides carried on with strikes on each other's energy targets despite an announcement by U.S. President Donald Trump that they had agreed to stop.
European Union spending on Russian Arctic LNG has already surpassed last year’s total, even as the bloc prepares for a broader phaseout of Russian energy imports. EU countries paid an...
China’s NewNew Shipping Line and Russia’s state nuclear corporation Rosatom are advancing plans to build five large ice-class container ships aimed at making commercial shipping on the Northern Sea Route a year-round operation.
September 4, 2026
Total Views: 6452
Get The Industry’s Go-To News
Subscribe to gCaptain Daily and stay informed with the latest global maritime and offshore news
— just like 107,489 professionals
Secure Your Spot
on the gCaptain Crew
Stay informed with the latest maritime and offshore news, delivered daily straight to your inbox
— trusted by our 107,489 members
Your Gateway to the Maritime World!
Essential news coupled with the finest maritime content sourced from across the globe.