A resident of the Arctic Zone of the Russian Federation will acquire dry cargo vessels of the ARC7 ice class for year-round navigation along the Northern Sea Route

At the Eastern Economic Forum, the Far East and Arctic Development Corporation (FEDC) and “Arctic Invest Shipping” (part of the “Eco Shipping” group of maritime companies) agreed to support year-round navigation along the Northern Sea Route (NSR). As part of the agreement, the investor received resident status in the Arctic Zone of the Russian Federation (AZRF) to implement a project to acquire ARC7 ice-class dry cargo vessels. Murmansk will be the home port. Investment in the project will total 13 billion rubles, and 63 jobs are expected to be created.

The agreement was signed by Ilya Chernov, Deputy Director General of the FEDC, and Denis Kanataev, Director General of the “Eco Shipping” maritime sector group of companies.

"The development of a modern Arctic fleet is a key prerequisite for the further development of the Northern Sea Route. Projects aimed at ensuring year-round navigation increase cargo traffic, create sustainable logistics chains, and enhance the international image of the new transport corridor. Thus, in June of this year, the “Zvezda” shipbuilding complex, a resident of the “Bolshoy Kamen” ASEZ, built its second Arc7 ice-class vessel, confirming the high potential of domestic shipbuilding and the effectiveness of the tools employed. "Arctic Invest Shipping's” new project will be a logical continuation of our systematic efforts to strengthen our country's sovereignty in the Arctic," noted Ilya Chernov, Deputy Director General of the FEDC.

Latest news

© Russian Far East and Arctic Development Corporation, 2026
We use cookies on this site to improve performance.
By continuing to use the site, you consent to the use of cookies.