Crude oil shipments via the Arctic look set to reach a new highpoint in the coming weeks. The largest oil tanker to venture onto Russia’s Northern Sea Route, the 164,565 dwt Prisma, began its icy transit over the weekend bound for Tianjin in China.
The oil tankerdeparted from the Baltic port of Ust-Luga on August 10 – likely loaded with Urals crude – and is set to complete the voyage to the Far East in around 35 days, compared to 45 days for the Suez Canal and 55 days via the southern tip of Africa. The Arctic offers an attractive shortcut to Asia as the majority of vessels continue to detour around Africa due to Houthi activity.
A smaller Aframax tanker, Viktor Bakaev, completed an Arctic routing from Primorsk in the Baltics to Dongying, China on August 23 after a 33-day trip. In total at least seven vessels carrying some 650,000 tons of crude have already completed the northern route this summer.
Route of Suezmax Prisma and Aframax Viktor Bakaev traveling from Russian Baltic ports to China. (Source: Shipatlas)
Prisma will likely be followed by up to a dozen more Suezmax and Aframax tankers this summer. Just in the past two weeks four Suezmax and Aframax tankers have received permission to travel along the route, including tankers Galaxy and Voyager. They join more than a dozen large carriers who were granted permits earlier this summer.
The next Suezmax vessel to begin the Arctic transit appears to be Nanda Devi, also an Ice 2 class vessel, currently en route to Murmansk.
In addition to Urals crude, Russian oil of the Arctic Light or Varandey variety has also been flowing to China from the hub in Murmansk or directly from the Arctic Gate terminal, the only freshwater oil terminal in the world above the Polar Circle.
Sea ice has retreated sufficiently allowing low ice-class or even conventional tankers to attempt the transit. While Prisma holds light ice protection of the category Ice 2, a number of unprotected carriers have received permits for the route from Russian authorities, raising the environmental stakes.
Current sea ice extent in the Arctic shows Russia’s Northern Sea Route largely ice-free. (Source: NSIDC)
Current ice maps show remnants of first-year ice in the eastern reaches of the route in the East Siberian Sea. The annual minimum extent traditionally occurs around the end of September signifying the peak of the annual Arctic shipping activity.
Thus far Russia’s Arctic route has not seen any major accidents, though a collision between two oil product tankers, Svyatoy Petr and Svyatoy Pavel, in 2016 constituted the first near-miss.
Shipowners and charterers are altering leasing contracts to cope with the multi-million dollar port fees expected to be imposed on Chinese-built vessels by the Trump administration, according to people familiar with the matter.
The United States' announcement of a 25% tariff on auto imports rippled throughout the world on Thursday, as global vehicle suppliers warned of immediate price hikes and dealers raised fears of job losses in countries with a large car industry.
March 27, 2025
Total Views: 813
Get The Industry’s Go-To News
Subscribe to gCaptain Daily and stay informed with the latest global maritime and offshore news
— just like 108,891 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 108,891 members
Your Gateway to the Maritime World!
Essential news coupled with the finest maritime content sourced from across the globe.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the ...
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.