Russia’s Rosatom State Nuclear Energy Corporation and the United Arab Emirates’ DP World have established a joint venture, International Container Logistics LLC, as a vehicle for developing the Northern Sea Route, writes the Russian daily Vedomosti, citing the corporation’s press service.
DP World, one of the world’s major logistics operators, belongs to Dubai World, which in turn is controlled by the U.A.E. government. The company operates more than 80 container terminals in more than 40 countries. Rosatom was formally designated as the infrastructure operator for the Northern Sea Route by the Russian government in 2018. President Vladimir Putin, at the Eastern Economic Forum in Vladivostok in September emphasized Russia’s intent to cooperate with other countries in the development of the Arctic Sea Route.
