Suez Congested & Hormuz Under Fire? Northern Sea Route is One of Safest Passages Left

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Suez congested and Hormuz under fire? Northern Sea Route is one of safest passages left

▫ No piracy, drones or shore-based fire: The insurance loading is for ice, not hijacking.

▫ One jurisdiction: The route sits in Russian waters, not a chain of 20+ littoral states.

▫ No ice-navigation accidents have been reported across 2,600+ voyages and 2,300+ icebreaker escorts since 2022.

▫ 2025 brought a record 1,312 permits and no refusals

▫ The engineering layer is the icebreaker fleet — the world’s only nuclear one, with Project 22220 vessels working ice up to 2.8 m — plus tighter routing that lifted average transit speed from 9.8 to 10.6 knots.

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