BLUF

If Russia's gamble pays off, 200 million tonnes of cargo per year will move through these waters within a decade, potentially adding more than $500 million to Russia's GDP.

Summary

This article by Conor McCann, writing for ABC-Australia, makes the following points:
  • Russia is now operating more icebreakers along its Arctic coast and plans to build more.
  • The shipping route cuts 4,000 nautical miles off the standard journey between Europe and Asia.
  • The extra revenue could be critical for Moscow as the Ukraine invasion bites into its national budget.

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