Russia Sends Oil Thousands of Miles Through Arctic Circle Again
- Sanctions make route more appealing to Moscow: Kpler analyst
- Climate, shipping capacity, crude volume limit route’s utility
The Vasily Dinkov ship.
Source: Marine Traffic
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Russia sent its second-ever crude oil shipment east through the Arctic Circle toward China, a route that could one day give the country a faster way to buyers in Asia.
The Vasily Dinkov, a specialized ice-breaking tanker, is traveling along the Northern Sea Route after loading crude late last month from a storage tanker moored at Murmansk, vessel tracking data compiled by Bloomberg show. The ship, hauling a relatively tiny cargo, crossed Russia’s northern coast and passed through the Bering Strait, separating the country from Alaska, over the weekend. It’s due to arrive at the Chinese port of Rizhao on Nov. 17.