Go Unlimited with Magzter GOLD

Go Unlimited with Magzter GOLD

Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just

$149.99
 
$74.99/Year

Try GOLD - Free

Russia eyes Chennai-Vladivostok maritime trade route with India

The Straits Times

|

July 29, 2024

Push for dedicated shipping link comes as Moscow turns to Asia amid sanctions

- Nirmala Ganapathy

Russia eyes Chennai-Vladivostok maritime trade route with India

The growing energy trade between India and Russia has powered up a long-time plan to connect the South Indian port city of Chennai to Vladivostok, Russia's port city in its Far East region, which China recently started using as a transit hub.

The effort to push up shipping volumes and create a dedicated shipping link comes as Moscow turns to Asia amid Western sanctions over the war in Ukraine.

Already, the volume of oil and coal moving through this corridor has seen a substantial increase due to India's imports of discounted Russian oil and coal.

According to Indian government trade figures accessed by The Straits Times, Chennai Port in FY2024 handled 300 thousand metric tonnes (TMT) of crude oil, and in FY2025, it is expected to handle 600 TMT.

The port has already handled 400 TMT in the last four months. In India, the financial year is calculated from April 1 to March 31.

"If you have to bring oil from Russia, then that becomes a better route," said an official.

Still, it is not trade alone that is driving this push.

Beyond the commercial aspect, India is also looking at better access to the Vladivostok port from a strategic angle to boost its presence in the Indo-Pacific.

The port of Vladivostok, which is in a region with oil and gas, has also come into greater focus amid the South Asian nation's ambition to increase its global footprint, and a hunt for energy to power its fastgrowing economy.

For Russia, too, increased connectivity with India is becoming of greater importance.

Professor Anuradha Chenoy, adjunct professor at the Jindal Global University, noted that Russia is also putting a lot of resources and investment into developing its Far East interests and is looking to Asia, including India and China, for investors, with Western options now out due to the war in Ukraine.

MORE STORIES FROM The Straits Times

The Straits Times

Vietnam elevates UK ties to top partnership amid US-China power rivalry

Move reflects Hanoi's push for resilience, self-reliance against global uncertainties

time to read

4 mins

November 01, 2025

The Straits Times

The Straits Times

Quantum AI accelerator opens, boosting S’pore’s hub ambitions

Outfit will play growth catalyst by helping start-ups through mentorship, fixed programme

time to read

3 mins

November 01, 2025

The Straits Times

The Straits Times

Experience the Pac-Man chase at carnival in Sentosa from December

Get your game on at a month-long thematic carnival celebrating the 45th anniversary of the iconic arcade character Pac-Man.

time to read

1 min

November 01, 2025

The Straits Times

US will 'stoutly defend' its interests, Hegseth tells China

The United States will \"stoutly defend its interests\", Defence Secretary Pete Hegseth told Chinese counterpart Dong Jun during a meeting on Oct 31 in Kuala Lumpur, flagging the importance of maintaining a balance of power in the region.

time to read

2 mins

November 01, 2025

The Straits Times

The battle for New York

A fight is brewing between Donald Trump and Zohran Mamdani.

time to read

4 mins

November 01, 2025

The Straits Times

BYD Q3 profit slumps 33% amid intensifying competition, scrutiny

BYD reported another slump in quarterly profit as intensifying domestic competition and industry scrutiny pile pressure on the Chinese carmaker’s sales outlook.

time to read

2 mins

November 01, 2025

The Straits Times

The Straits Times

Slot under pressure to halt Liverpool's 'crisis'

Liverpool face an inform Aston Villa on Nov 1 as the English Premier League champions look to arrest their remarkable collapse, while Arsenal aim to surge further clear in the title race.

time to read

3 mins

November 01, 2025

The Straits Times

Turn the riverfront into a shared space for all

FROM B1

time to read

3 mins

November 01, 2025

The Straits Times

Our distracting devices are killing office productivity

A nice physical notebook may be underrated.

time to read

4 mins

November 01, 2025

The Straits Times

Atticus Finch to lay down the law in Race 7

RACE 7 (1,600M)

time to read

1 min

November 01, 2025

Listen

Translate

Share

-
+

Change font size