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20 September 2019 The on-line newspaper devoted to the world of transports 07:17 GMT+2

June 10, 2019

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The terminalista group DP World will participate to the development of the Way of the Polar Silk

Agreement with the Russians RDIF, Rosatom and Norilsk Nickel

Besides the agreement between Russia and China in order to return the Way of the Polar Silk, the Arctic marine route operating(on 7 June 2019), in the within of the St. Petersburg International Economic Forum also the Russian Direct Investment Fund (RDIF), active trust of the Russian Federation, and the terminalista group DP World of Dubay has signed an agreement for giving course to a project for the integrated development of the Northern Sea Route (NSR).

Underwriters of the understanding, that it has the scope to create joint venture in order to promote the increment of the traffic of the goods along marine route NSR, have been also the Rosatom, the Russian agency for the nuclear energy which recently is declared the authority in charge of the management and development of the Northern Sea Route, and from the Norilsk Nickel Russian, world leader in the production of palladium let alone primary producer of nickel, platinum and copper.

The cooperation between the parts will presee also the determination of the financings necessary in order to plan and to construct a fleet of ships ice-class and icebreaker and in order to realize harbour infrastructures. The four underwriters have agreed to institute a combined working group in order to lead within six months an analysis and to manage a study of feasibility for the project. Al term of this job will be assumed a decision on as developing the project ulteriorly.

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