Russia to invest nearly $100 million to develop vessel for Arctic survey ...News

Russian authorities will finance construction of a hydrographic vessel to conduct surveys along the Northern Sea Route in Russia’s Arctic, the press office for the Cabinet of Ministers announced on Friday. “More than seven billion rubles [$92 million] will be invested in the construction of the lead hydrographic vessel aimed at operating in the waters of the Northern Sea Route (NSR),” the cabinet said in a statement. The new ship, which is expected to come into operation in 2024, will be brought into service to meet demand for hydrographic support from the drillers and other companies that ply the icey Arctic seas.

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Russia to invest nearly $100 million to develop vessel for Arctic survey ...News

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