The China Mail - Russia unveils new icebreaker in push for energy markets

USD -
AED 3.672504
AFN 66.503991
ALL 80.629676
AMD 365.091035
AOA 917.000367
ARS 1499.000367
AUD 1.417435
AWG 1.80125
AZN 1.70397
BAM 1.691649
BBD 2.00813
BDT 123.418242
BHD 0.375989
BIF 2985.079791
BMD 1
BND 1.277602
BOB 11.849673
BRL 5.083304
BSD 0.997016
BTN 94.875232
BWP 13.457596
BYN 2.968819
BYR 19600
BZD 2.00519
CAD 1.39545
CDF 2262.50392
CHF 0.80949
CLF 0.023137
CLP 913.560396
CNY 6.747604
CNH 6.743285
COP 3142.844787
CRC 453.228387
CUC 1
CUP 26.5
CVE 95.372573
CZK 20.982104
DJF 177.546166
DKK 6.46804
DOP 58.20179
DZD 132.308956
EGP 49.555853
ERN 15
ETB 160.923669
EUR 0.86495
FJD 2.20855
FKP 0.740916
GBP 0.742583
GEL 2.610391
GGP 0.740916
GHS 11.700039
GIP 0.740916
GMD 73.503851
GNF 8756.649224
GTQ 7.607144
GYD 208.588851
HKD 7.84315
HNL 26.723176
HRK 6.518804
HTG 130.363707
HUF 314.060388
IDR 17801
ILS 2.99985
IMP 0.740916
INR 95.210504
IQD 1306.058902
IRR 1375550.000352
ISK 123.340386
JEP 0.740916
JMD 158.335856
JOD 0.70904
JPY 157.80604
KES 129.014401
KGS 87.450384
KHR 4049.647537
KMF 426.00035
KRW 1407.890383
KWD 0.30866
KYD 0.830861
KZT 467.275008
LAK 22510.919863
LBP 89282.792025
LKR 334.420274
LRD 179.959348
LSL 16.197552
LTL 2.95274
LVL 0.60489
LYD 6.341738
MAD 9.29222
MDL 17.337716
MGA 4254.638239
MKD 53.215413
MMK 2099.750695
MNT 3597.347644
MOP 8.056654
MRU 40.080439
MUR 47.070378
MVR 15.450378
MWK 1728.841413
MXN 17.13635
MYR 4.090104
MZN 63.905039
NAD 16.197552
NGN 1364.860377
NIO 36.690741
NOK 9.51237
NPR 151.800372
NZD 1.701115
OMR 0.382693
PAB 0.997016
PEN 3.376465
PGK 4.406003
PHP 60.705038
PKR 276.796523
PLN 3.719205
PYG 5928.296501
QAR 3.644596
RON 4.536304
RSD 101.492021
RUB 81.598409
RWF 1466.072741
SAR 3.758633
SBD 8.065696
SCR 14.449077
SDG 600.503676
SEK 9.480804
SGD 1.278104
SLE 24.603667
SOS 569.822255
SRD 37.866504
STD 20697.981008
STN 21.191022
SVC 8.723782
SZL 16.194265
THB 33.050369
TJS 9.197509
TMT 3.51
TND 2.929032
TRY 47.697504
TTD 6.757774
TWD 32.250604
TZS 2639.622886
UAH 44.653894
UGX 3714.050945
UYU 40.133201
UZS 11924.058297
VES 755.762404
VND 26204.5
VUV 119.414824
WST 2.733661
XAF 567.363231
XAG 0.015756
XAU 0.00023
XCD 2.70255
XCG 1.796912
XDR 0.705618
XOF 567.363231
XPF 103.152705
YER 238.403589
ZAR 16.14632
ZMK 9001.203584
ZMW 18.818492
ZWL 321.999592
  • CMSC

    0.0240

    21.744

    +0.11%

  • BCE

    -0.0200

    22.75

    -0.09%

  • RELX

    0.0485

    35.52

    +0.14%

  • VOD

    0.1900

    16.19

    +1.17%

  • RIO

    1.4500

    101.1

    +1.43%

  • GSK

    0.7900

    52.96

    +1.49%

  • RBGPF

    0.7600

    70.5

    +1.08%

  • RYCEF

    0.2300

    20.85

    +1.1%

  • BTI

    0.6000

    59.33

    +1.01%

  • NGG

    0.4700

    80.88

    +0.58%

  • CMSD

    -0.1600

    21.82

    -0.73%

  • BCC

    2.3400

    86.6

    +2.7%

  • JRI

    0.1500

    12.81

    +1.17%

  • BP

    -0.6000

    41.63

    -1.44%

  • AZN

    1.4100

    161.42

    +0.87%

Russia unveils new icebreaker in push for energy markets
Russia unveils new icebreaker in push for energy markets / Photo: © AFP

Russia unveils new icebreaker in push for energy markets

President Vladimir Putin on Tuesday oversaw the launch of a new nuclear-powered icebreaker as Russia pushes to develop the Arctic and seeks new energy markets amid sanctions over Ukraine.

Text size:

Addressing a Saint Petersburg ceremony for the launch of the Yakutia icebreaker by video link, Putin said such vessels were of "strategic" importance for Russia.

In addition to floating out the Yakutia, authorities also symbolically raised a flag on another nuclear-powered icebreaker, the Ural.

The Ural and the Yakutia are part of a fleet of nuclear-powered icebreakers that are meant to ensure Moscow's dominance over the melting Arctic.

The Kremlin chief vowed to develop his country's nuclear fleet despite current difficulties in Russia's economy and production in an apparent reference to Western sanctions over Moscow's offensive in Ukraine.

"We will increase the capabilities of our nuclear icebreaker fleet," Putin said.

He said this should be achieved "using domestic equipment and components".

The Ural is expected to become operational in December, while the Yakutia will join the fleet in late 2024, Putin said.

The vessels are designed to resist extreme weather conditions in the Far North, have a length of 173 metres (568 feet) and can smash through ice up to 2.8 metres thick.

The Russian leader said the ships were part of Moscow's efforts "to consolidate Russia's status as a great Arctic power".

He once again stressed the importance of developing the so-called Northern Sea Route, which allows ships to reach Asian ports up to 15 days faster than via the traditional Suez Canal.

"This very important corridor will allow Russia to realise its export potential in full, and establish an effective logistics route to South-East Asia," Putin said.

Moscow has for years heavily invested in the route.

But Putin's military campaign in Ukraine and subsequent Western sanctions have given new urgency to plans to redirect energy exports to Asia.

Russian industries have struggled with production in recent months, deprived of key Western-produced parts due to sanctions.

The vessels are expected to be a game changer for Russia's use of the Arctic.

Transit in the eastern Arctic usually ends in November but Moscow is hoping the icebreakers will help it make use of the route -- becoming more accessible due to climate change -- year-round.

U.Feng--ThChM