Business · Trade · 14 hrs ago

South Korean freighter completes Arctic route test to Europe and back

South Korean freighter completes Arctic route test to Europe and back

South Korea’s PanStar Acro has completed the country’s first test round trip to Europe by a commercial freighter using the Arctic’s Northeast Passage.

The ship left Busan on August 22 and returned 50 days later, five days behind schedule.

It carried cargo including chemical products and used cars, and stopped at ports in Britain, the Netherlands and Poland.

South Korea’s government is assessing whether the route can work for commercial shipping and hopes to develop Busan as an international logistics hub.

The Arctic passage can shorten journeys to European ports compared with routes through the Indian Ocean, Red Sea and Suez Canal.

Retreating sea ice has made the route more attractive, while disruption linked to conflict in the Middle East has increased interest in alternative shipping routes.

Environmental groups warn that more shipping could harm the Arctic, and reliable schedules and enough cargo will be important to the route’s success.

Sources

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