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Arctic Shipping and the Northern Sea Route

The Circumpolar – Arctic Geopolitics (podcast), April 15, 2026.

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‘Reports of record transit numbers require closer reading,’ says Arild Moe. He explains how Russia's Northern Sea Route ambitions are under pressure from sanctions, delayed LNG projects and weaker financing, while China's long-term interest has not yet translated into major investment.

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Arild Moe
Research Professor