Study: Prospects of Northern Sea Route and Murmansk Transport Hub Development

Prospects of Northern Sea Route and Murmansk Transport Hub Development

Isaev, P. G.

Kolartic ENP CBC – Cross Border Cooperation

In general, evaluating the main trends of socio‐economic development of the Murmansk region since the beginning of market reforms, it can be noted that the main branches of industrial specialization in the region are the following ‐ metallurgical mining and chemical industry, energetic, maritime transport ‐ quite successfully adapted to new conditions providing their competitiveness not only in Russia but also on the global market.

As basic projects of development of transportation and logistics sector in the region it is possible to allocate developing Northern Sea Route (NSR), Murmansk Transport Hub (MTH).