Analyst Lynerlytica
highlighted that the addition of a number of services operating on the Northern
Sea Route (NSR) announced this month would increase capacity on the Asia to
North Europe trade.“The start of the Northern Sea Route (NSR) season has seen a
series of Arctic route services launched in August, with Korean carrier PanStar
joining Chinese carriers Sea Legend, New New Shipping and OVP Shipping to offer
additional capacity to North Europe and Baltic Russia, relieving some of the space
pressure on the route,” said Linerlytica in its weekly report.
Chinese carrier New
Legend is set to offer eight near weekly sailings via the NSR across the summer
season on its Arctic Express Service (CAX).
The first sailing the service will be on the Liberia-flagged, 1,740 teu
container ship Dubai Tower which is set to depart Ningbo –
Zhoushan on 15 August. According
to UK forwarder Davies Turner is one of the companies taking advantage
of the opening up of the Arctic route offering space on Sea Legend’s services
the transit time between Ningbo - Zhoushan and the Port of Felixstowe in the UK will be 21 days. The company commented that the
service “dramatically” shortens the sailing distance and reducing overall
transit times during the Arctic navigation season. With most mainline container
services between Asia and Europe currently transiting via the Cape of Good Hope
it roughly halves transit times.
"Global supply chains continue to
demand greater flexibility and resilience," said Tony Cole, head of ocean
for Davies Turner.
"By offering this seasonal Northern
Sea Route service, we are expanding the multimodal options available to our
customers. The Polar Silk Road provides an excellent solution for
time-sensitive shipments that need to arrive faster than conventional ocean
freight but without the higher costs associated with air transport."
The service will see Davies Turner
consolidates cargo from six major Chinese ports, including Dalian, Fuzhou,
Nansha, Qingdao, Shanghai and Taicang at Ningbo before sailing directly to
Felixstowe.
South Korean ferry
company PanStar is deploying its first container ship, the South
Korean-flagged, 2,700 teu PanStarAcro on the NSR connecting
Busan with North Europe ports. The company acquired the 2011-built vessel from
HMM in early August. “PanStar Group is
advancing South Korea’s first pilot operation of a container ship via the
Arctic shipping route, opening a new era in maritime logistics,” the company
said on its website. PanStar is advertising a route departing from Busan
Newport on 22 August and arriving Felixstowe, UK on 9 September a transit of 18
days. Following Felixstowe the vessel will call the ports of Rotterdam,
Hamburg, and Gdansk before returning via the Arctic to Busan. China’s New Shipping is also reported to
be deploying three vessels on voyages from China to Russia and North Europe via
the NSR route.
According to the
Centre for High North Logistics 2025 saw 103 transit voyages of the NSR by 88
vessels between 30 June and 30 November. These included 15 container ship
voyages with eight eastbound and seven westbound. Tankers completed the largest
number of passages of the Arctic route with 34 voyages last year.