Russia may offer effective alternative to Suez Canal, and it’s NOT Northern Sea Route

Russia’s Arctic sea route is not the only alternative Russia could provide to the Suez Canal, which was blocked for six days in March, forcing global carriers to reroute ships and challenging international supply chains. Russian billionaire Oleg Deripaska expressed the hope that Russian Railways, the country’s state-run monopoly, would take a fresh look at the country’s transportation services in the light of the catastrophic event on one of the world’s most important waterways. According to the businessman, Russia has several projects that could easily become an adequate substitute for the Egyptian canal, the most important of which i

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Last updated : 03 April 2021 clock 05:47 PM

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