The maritime link is expected to serve as a cheaper
and faster alternative for shipping vital commodities, including oil and coal. “The Eastern Maritime Corridor between
Vladivostok and Chennai is operational now. Container ships carrying crude oil,
metal, and textiles have started coming to Indian ports,” Sonowal said,
according to PTI news agency. The minister described the new corridor
as “not just a trade route” but also a symbol of the “growing
partnership” between the two countries.
This sea route between
Chennai Port, India’s second-largest container hub, and Vladivostok Port in
Russia’s Far East originally opened in the 1960s and facilitated Soviet trade
with India. Later, as the volume of goods being shipped decreased, it became
redundant.
The revival of bilateral trade since 2022, when the
South Asian nation began actively importing Russian mineral fuels and
fertilizers, has been seen by both governments as one of their top priorities,
given that traditional shipping routes had been disrupted by Western sanctions
against Moscow.
The reopening of
the route is estimated to reduce the time required to transport cargo between
the ports in India’s south and Russia’s Far East from 40 days to around 24
days. Stretching across the vast expanse of the Indian
Ocean and into the Pacific and covering a distance of about 5,600 nautical
miles, this maritime link is anticipated to facilitate the movement of goods
ranging from pharmaceuticals and textiles to machinery and agricultural
products. Currently, the most commonly used sea trade route is between India’s
Nhava Sheva Port in Mumbai and Russia’s St. Petersburg port; it covers a
distance of 8,675 nautical miles, with transportation taking around 35 to 40
days.
For India, the new route provides direct access to the
Russian Far East, an area rich in natural resources and untapped markets
needing diverse products. For Russia, particularly the Far Eastern
regions, the corridor opens a vital connection to one of the fastest-growing
economies in the world, allowing for the export of energy resources and raw
materials essential for India’s industrial growth.
Russia’s Arctic and
Far Eastern ports account for around 40% of the country’s maritime shipping,
and their freight turnover could double over the next decade, with coal, crude,
and LNG being the key items shipped. All of these
commodities, along with fertilizers, could be effectively shipped via the EMC,
according to a feasibility study conducted by the Indian government in 2023. Russian officials have
also noted that the EMC could be further linked with the Northern Sea
Route, which runs from the Barents Sea near Russia’s border with Norway to the
Bering Strait between Siberia and Alaska, providing India with even more
alternative routes to ship vital commodities.