The Northern Sea Route in the system of international transport corridors as a logistic basis for the development of Arctic resources

• Published in: IOP Conference Series: Earth and Environmental Science
• Main Authors: Petrov, I V, Kharchilava, Kh P, Pukhova, M M, Bashkov, D U, Shtanova, K A
• Format: Article in Journal/Newspaper
• Language: unknown
• Published: IOP Publishing 2019
• Subjects: Arctic; Northern Sea Route
• Online Access: http://dx.doi.org/10.1088/1755-1315/377/1/012063; https://iopscience.iop.org/article/10.1088/1755-1315/377/1/012063/pdf; https://iopscience.iop.org/article/10.1088/1755-1315/377/1/012063

Abstract The paper assesses the significance of the Northern Sea Route for the development of Arctic resources and discusses the methodology for comparing potential transport corridors connecting Northern Europe and Southeast Asia. Due to the characteristics of the transport routes, including the length, travel time and fuel consumption, the authors were able to state the contents of the methodological analysis in several stages, at the end of which, using the optimal mathematical model, autocorrelation and multicollinear analysis, the conditional variance of a number of resulting indicators was estimated and the decision was made about using the model of autoregressive conditional heteroscedasticity (Arch) for forecasting. The paper contains the conclusion that the Northern Sea Route (NSR) is the most attractive waterway between Northern Europe and Southeast Asia, not only due to its distance and geographical factors, but also considering the economic feasibility of using this route for transportation of extracted minerals.