Russia’s Rosatom and Dubai’s DP World, one of the globe’s largest logistics companies, inked a deal to establish a joint venture to develop container shipping along the Northern Sea Route (NSR). DP World operates more than 80 container terminals in 40 countries accounting for 10 percent of global container shipping by volume.
Russia has looked to collaborate with the United Arab Emirates (UAE) on Arctic projects for several years.
Read more: highnorthnews.com
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