India and Russia discussed on Wednesday September 13, various maritime opportunities, including the possibility of using new transport corridors such as the Northern Sea Route and the Eastern Sea Corridor between Vladivostok and Chennai.
Besides, the two sides agreed to train Indian sailors in polar and arctic waters at the Russian Naval Training Institute, which is equipped with simulator training facilities, in Vladivostok, an official release said.
Shipping Minister Sarbananda Sonoval participated in the eighth meeting of the Eastern Economic Forum being held in the Russian Far East city of Vladivostok from September 10 to 13.
At the forum, Sonoval – who is the Minister of Ports, Shipping and Waterways – met with the Minister of the Russian Federation for the development of the Far East and the Arctic, AO Chekunkov.
India and Russia discussed on Wednesday September 13, various maritime opportunities, including the possibility of using new transport corridors such as the Northern Sea Route and the Eastern Sea Corridor between Vladivostok and Chennai.
Besides, the two sides agreed to train Indian sailors in polar and arctic waters at the Russian Naval Training Institute, which is equipped with simulator training facilities, in Vladivostok, an official release said.
Shipping Minister Sarbananda Sonoval participated in the eighth meeting of the Eastern Economic Forum being held in the Russian Far East city of Vladivostok from September 10 to 13.
At the forum, Sonoval – who is the Minister of Ports, Shipping and Waterways – met with the Minister of the Russian Federation for the development of the Far East and the Arctic, AO Chekunkov.
India is willing to partner in the development of the Northern Sea Route, which holds the potential for enhanced connectivity and trade. The Eastern Sea Corridor is estimated to reduce the time required to transport cargo between Indian and Russian ports in the Far East region by up to 16 days. The time required will be reduced to 24 days compared to the more than 40 days currently required to transport goods from India to the Russian Far East via Europe.
The current trade route between Mumbai in India and Saint Petersburg in Russia covers a distance of 8,675 nautical miles and the transit time is approximately 35 to 40 days.
The Chennai-Vladivostok sea route will cover a distance of about 5,600 nautical miles. A large container ship traveling at a normal cruising speed of 20-25 knots (37-46 km/h) will be able to cover this distance in about 10 to 12 days. This corridor has enormous potential to unlock new opportunities for trade and cooperation, the statement said.
Vladivostok is the largest Russian port on the Pacific Ocean and is located approximately 50 kilometers from the China-Russia border.
