Analysis of the northern sea route activity

The paper contains the SWOT-analysis of the Northern Sea Route activity, the comparative analysis of the cost of voyages from Kirkenes to Yokohama via the Suez Canal and via the Northern Sea Route. Its potential, opportunities and existing threats have been shown. The functioning of the Northern Sea Route in terms of geopolitical instability, the financial and economic crisis, the differences in the interests of the Arctic stakeholders, the need to move to a "green" economy has been analyzed.