The Northern Sea Route is a vital transport route interlinking the vast Russian Arctic and forming a natural transport corridor between Asia and Europe. If used effectively, it could solve a whole host of problems facing the Russian North and the country as a whole, encompassing economic, demographic, social and political issues. There are, however, a number of clear obstacles, such as poor weather conditions and a lack of technology and experience. What kind of economic model would be most effective for the Northern Sea Route in the current climate? What is the Northern Sea Routes potential as a global transport corridor? Is the Northern Sea Route competitive? What opportunities are open for investors in the Northern Sea Route?