Container terminal development opportunities along the northern sea route

As a consequence of global warming, the retreating sea-ice in the Arctic could increase access to the Northern Sea Route (NSR) and to the enormous reserves of oil, gas and mineral resources found in the Russian Arctic. The increasing navigability of NSR due to climate change and the increasing resource development activities in the Russian Arctic could lead to increasing NSR carriages in the future. This may present new business opportunities for the maritime industry.This research aims to examine the likelihood of potential future container terminal development opportunities for Singapore along the Northern Sea Route in the NSR regions of Yamalo-Nenets Autonomous Area and Krasnoyarsk Territory. To that end, the available resources, industry trends and developments, present port infrastructure as well as relevance of the NSR to the economy are studied in each of the NSR regions of Yamalo-Nenets Autonomous Area and Krasnoyarsk Territory to draw implications on likelihood of potential future container terminal development opportunities.Bachelor of Science (Maritime Studies