NSR Transit Voyages in

2011 and 2012 (YTD)

Dr. Bjørn Gunnarsson

Managing Director CHNL

Transit Demonstration in 2010

Successfully executed through a strong partnership by: Tschudi Shipping Company,

Tschudi Arctic Transit, Nordic Bulk Carriers, Rosatomflot and Prominvest

Bulk Carrier Nordic Barents

For the first time in 2010 a non-Russian bulk carrier used the NSR as a transit route

departing from a non-Russian port and arriving at a non-Russian port – “Nordic

Barents” of Arc 4 with 41,000 tons of iron ore from Kirkenes (Norway) to

Lianyungang (China). Only 8 days spent on NSR with an average speed 12 knots

„Before the Transit of Nordic Barents“

Invite all relevant participants in the value chain around one table to identify and

discuss the critical issues for carrying out bulk transportation from northern

Scandinavia and the Kola Peninsula to the Far East

Cargo owner

Ship owner

Traders

Ice breakers

Brokers

Insurance

CP & law

Classification

Public authorities

Research institutes

The Transit of Nordic Barents

Distance Kirkenes (Norway) - Lianyungan (China) via Suez: 12,180 nm

Expected average speed on Suez Route: 13 knots

Expected voyage time for Suez Route: 40 days (plus 1)

Suez Canal Fees 5 USD/ton

Insurance costs; extra piracy insurance

Same voyage via NSR Route: 6,500 nm

Average transit speed on the NSR Route: 12.03 knots

Total time spend on Route: 22.5 days

Tariffs (cost of icebreaker assistance): 5 USD/ton

Insurance costs: 40,000 USD

Estimated time saved via NSR: 17.5 days

Total fuel saved at 28,2 MT per day: 493 MT

Fuel cost saved in USD; at USD 610/ton: 300,000 USD

Environmental savings on NSR (all figures approx.) CO2: 1560 tons

NOx: 50 tons

SOx: 35 tons

Transit Voyages in 2010 and 2011 Serviced

by Rosatomflot

2010 2011

Total Volume of

Transit Cargo, t

111 000 820 789

Total Number of

Transit Voyages

4

(2 of them in

ballast)

34

(10 of them in

ballast)

Types & Amount of Transit Cargoes on

the NSR in 2011

Description of CargoAmount of

Cargo, tons

Number of

Voyages

Gas Condensate 600 607 9

Kerosene 64 500 1

Diesel Fuel 21 409 5

Iron-Ore Concentrate 109 950 3

Fish 27 535 4

General Cargoes 10 930 4

Total: 834 931 26

Large Vessels with Cargo on NSR in 2011Vessel Type Flag Cargo Loading Destination

Perseverance Tanker Singapore Gas Condensate Vitino, Russia Ningbo, China

STI Heritage Tanker Marshall Islands Gas Condensate Vitino, Russia Map Ta Phut, Thailand

Marilee Tanker Norway Gas Condensate Vitino, Russia Huizhou, China

Vladimir Tikhonov Tanker Liberia Gas Condensate Honningsvåg, Norway Map Ta Phut, Thailand

Stena Poseidon Tanker Finland Gas Condensate Vitino, Russia Incheon, South Korea

Perseverance Tanker Singapore Kerosene Yeosu, South Korea Le Havre, France

Palva Tanker Finland Gas Condensate Vitino, Russia Huizhou, China

Mariann Tanker Norway Gas Condensate Vitino, Russia Incheon, South Korea

Affinity Tanker Singapore Gas Condensate Vitino, Russia Huizhou, China

Perseverance Tanker Singapore Gas Condensate Vitino, Russia Huizhou, China

Sanko Odyssey Bulker Liberia Iron Ore Murmansk, Russia China

Mikhail Kutuzov Bulker Russia Iron Ore Murmansk, Russia Jingtang, China

Dmitriy Pozharskiy Bulker Russia Iron Ore Murmansk, Russia Jingtang, China

Kommynary Nikolaeva Refrigerator Russia Frozen Fish Petropavlovsk, Russia St.Petersburg, Russia

Captain Prykha Refrigerator Russia Frozen Fish Vladivostok, Russia St.Petersburg, Russia

Reinfrost Refrigerator Panama Frozen Fish Petropavlovsk, Russia St.Petersburg, Russia

Bereg Nadezhdy Refrigerator Russia Frozen Fish Petropavlovsk, Russia St.Petersburg, Russia

Large Vessels with Cargo on NSR in 2011

Perseverance (Russia to China) 59,981 t Gas Cond.

STI Heritage (Russia to Thailand 60,944 t Gas Cond.

Marilee (Russia to China) 60,098 t Gas Cond.

Vladimir Tikhonov (Norway to Thailand) 120,843 t Gas Cond.

Stena Poseidon (Russia to Korea) 57,814 t Gas Cond.

Perserverance (Korea to France) 64,400 t Kerosene

Palva (Russia to China) 59,313 t Gas Cond.

Mariann (Russia to Korea) 61,259 t Gas Cond.

Affinity (Russia to China) 59,079 t Gas Cond.

Perserverance (Russia to China) 61,275 t Gas Cond.

Bulker Sanko Odyssey (Russia to China) 66,344 t Iron-Ore

Vessel Country Flag

1 Icebreaker “Kigoriak” Russia

2 Diving Ship “Rostov Velikiy” Russia

3 Cruiser “Academician Shokalskiy” Russia

4 Border Guard Vessel “PS–824» Russia

5 Towing Boat “Neptun” Russia

6 Refrigerator Vessel “Kommunary Nikolaeva” Russia

7 Seismic Vessel “Polarcus Alima” Bahamas

8 Icebreaker “Polarstern” Germany

9 Towing Boat “Agat” Russia

10 Refrigerator Vessel “Kapitan Pryakha” Russia

11 Tanker “Ventspils” Russia

12 Bulk Carrier ”Mikhail Kutuzov” Russia

13 Hydrographical Vessel “Ivan Kireev” Russia

14 M/V ”Vengeri” Russia

15 Tanker “Mar Adriana” Spain

In-Ballast Voyages on the NSR in 2011

Tanker SCF Vladimir Tikhonov

A Suezmax tanker “Vladimir Tikhonov” of 162,000 dwt carrying 120,843 tons of

gas condensate from JSC NOVATEK sails through NSR 23-30 August, 2011,

with record average speed of 14,0 knots

Tanker STI Heritage

Tanker “STI Heritage” of 75000 dwt with 61,000 tons of gas condensate from

JSC NOVATEK; NSR navigation period 21-29 July, 2011 (8 days); average

speed of 14,0 knots

Bulk Carrier Sanko Odyssey

Panamax Bulker “Sanko Odyssey” of 75,000 dwt with 75,000 tons of iron-ore

concentrate from JSC EUROCHEM; NSR navigation period 2-10 September,

2011; average speed 13,5 knots

Tanker Perseverance

Eastbound Voyage:

Tanker: 75,000 dwt

Cargo: 61,000 tons gas condensate

NSR navigation period: 30.06 – 15.07 (14,9 d)

Average speed: 7,6 knots

Return Voyage:

Tanker: 75,000 dwt

Cargo: 64,000 tons jet fuel (kerosene)

NSR navigation period: 09.09 – 16.09 (8 d)

Average speed: 13,7 knots

Seismic Vessel Polarcus Alima

Seismic Vessel “ Polarcus Alima” sails from Honningsvaag (Norway) to

the Bering Straits, 15th to 25th September 2011

Transit Vessels on NSR in 2012Vessel Type Flag Cargo Loading Destination

Verzuga Tanker Russia Diesel Murmansk, Russia Pevek/Anadyr, Russia

Indiga Tanker Russia Diesel Murmansk, Russia Pevek/Anadyr, Russia

Vengery Tanker Russia Reposit. Ballast Murmansk, Russia Holmsk, Russia

Nordic Odyssey Bulker Panama Iron Ore Murmansk, Russia China

Marilee Tanker Norway Gas Condensate Murmansk, Russia Incheon, South Korea

Nordic Orion Bulker Panama Ballast Shanghai, China Murmansk, Russia

Stena Poseidon Tanker Finland Kerosene Yosu, South Korea Porvoo, Finland

Xuelong Icebreaker China Reposit. Ballast China Iceland

Palva Tanker Finland Gas Condensate Murmansk, Russia Daesan, South Korea

Nordic Orion Bulker Panama Iron Ore Murmansk, Russia Huanghua, China

Kasla Tanker Russia Diesel Vostochniy, RussiaKolyma/Arkhangelsk,

Russia

Egvekinot Tanker Russia Diesel Nahodka, RussiaIndigirka/Arkhangelsk,

Russia

Yaroslav Mudriy Tanker Russia Diesel Murmansk, Russia Petropavlovsk, Russia

Nordic Odyssey Bulker Panama Ballast Huanghua, China Murmansk, Russia

Marika Tanker Norway Korosene Yosu, South Korea Porvoo, Finland

STI Harmony Tanker Marshall Islands Gas Condensate Murmansk, Russia Zhenjiang, China

SCF Amur Tanker Liberia Fuel Oil Murmansk, Russia Singapore

Transit Vessels on NSR in 2012Vessel Type Flag Cargo Loading Destination

Tumcha Supply Tug Russia Reposit. Ballast Petropavlovsk, Russia Arkhangelsk, Russia

Nebula Pipe-Lying Barge Russia Reposit. Ballast Petropavlovsk, Russia Arkhangelsk, Russia

Skyfrost Refrigerator Panama Frozen Fish Petropavlovsk, Russia St. Petersburg, Russia

Marinor Tanker Norway Gas Condensate Murmansk, Russia Daesan, South Korea

Svyatoy Pavel Tanker Russia Diesel Archangelsk, Russia Anadyr, Russia

Svyatoy Petr Tanker Russia Diesel Archangelsk, Russia Ust, Russia

Yuri Topchev Supply V/Icebreker Russia Ballast Holmsk, Russia Murmansk, Russia

Stena Poseidon Tanker Finland Gas Condensate Murmansk, Russia Daesan, South Korea

Nordic Orion Bulker Panama Ballast Huanghua, China Murmansk, Russia

Nordic Odyssey Bulker Panama Iron Ore Murmansk, Russia Huanghua, China

Palva Tanker Finland Kerosene Yosu, South Korea Porvoo, Finland

Varzuga Tanker Russia Fuels and Lubricants Provideniya, Russia Pevek/Murmansk, Russia

Indiga Tanker Russia Diesel Nakhodka, Russia Pevek/Murmansk, Russia

Pasvik Supply Tug Russia Reposit. BallastBaydaratskaya bay,

RussiaKorsakov, Russia

Two Million Ways Tanker Cyprus Gas Condensate Murmansk, Russia Incheon, South Korea

Marika Tanker Norway Gas Condensate Murmansk, Russia South Korea

Ob River LNG Tanker Marshall Islands Reposit. Ballast Yosu, South Korea Montoir, France

LNG Tanker Ob River

Ice Class: 1A (Arc 4)

Displacement: 116 325 t

Cargo Capacity: 149 755 cmb

Flag: Marshall Islands

Sailed NSR from Yosu in South Korea

in ballast on September 30 bound for

Montoir, France

Planned to return in laden via

NSR in November

Transit Vessels on NSR in 2012Vessel Type Flag Cargo Loading Destination

Nordic Orion Bulker Panama Iron Ore Murmansk, Russia Huanghua, China

Cargo№ of

Vessels

Cargo

Volume, tons

Full Water

Displacement,

tons

Cargo

Volume

from West

Cargo

Volume

from East

Liquid 20 752 049 522 263 229 786

Bulk 4 262 263 262 263

Fish 1 8 265 8 265

General Cargo 0

Ballast 5 387 575

Repositioning 5 44 831

Total: 35 1 022 577 432 406 784 526 238 051

Number of Vessels going West-East: 19; going East-West: 16

Transit Volumes on NSR 2012 (YTD)