Permission to carry LNG through the Northern Sea Route.

Arctic Bulk has been instrumental in obtaining permission for the first vessel to carry LNG through the Northern Sea Route.

Russian Authorities have granted permission to transport LNG along the Northern Sea Route. 
“Ribera del Duero Knutsen” is now technically ready to carry LNG from Europe to the Far East.  The DNV 1A Ice classed 180 000 cbm LNG tanker is one of three vessels of this size in the world capable of carrying out such a journey.

The approximate distance / time between Western Europe and Japan via the Northern Sea Route is 5750 nm / 17 days compared to 12730 nm / 39 days via the Suez Canal – a saving of 22 days!

Traffic through the Northern Sea Route has increased considerably during the last two years and this route is expected to become increasingly important.  During the sailing season of 2011, 34 vessels sailed the transit, 30 more than the previous year.