Seafarers’ Union of OdessaStrength in unity
Seoul Tests Arctic Container Route to Europe
Фото: власне
News

Seoul Tests Arctic Container Route to Europe

#For seafarers#Industry

South Korea on October 13 welcomed the container ship PanStar Acro after the country’s first commercial test voyage to Europe and back via the Arctic. President Lee Jae Myung described the route as a potential alternative to traditional sea lanes amid shipping disruptions linked to conflict in the Middle East, gCaptain reported.

Voyage Details

The 2,758 TEU PanStar Acro returned to Busan on October 11 after a 50-day voyage with calls at Felixstowe, Rotterdam and Gdansk, according to Reuters. South Korean authorities said the voyage to Europe via the Northern Sea Route took about 20 days, roughly a third faster than a comparable voyage through the Suez Canal.

At the ceremony in Busan, Lee said South Korea had seen how badly its economy can be shaken when existing sea lanes are blocked. He described the Arctic route as another possible sea lane that could be used in a crisis.

Sanctions and Commercial Risks

The political issue is that the route follows Russia’s Arctic coast. Foreign Minister Cho Hyun said Russia had been more cooperative than expected but acknowledged possible complications if the war drags on, according to Reuters. Lee said Seoul would observe international norms and sanctions principles.

The commercial case also remains unresolved. Return cargo after unloading in Europe, reliable schedules, speed through ice, insurance premiums and extra fuel costs remain key issues, Internazionale citing Reuters reported.

Seoul plans additional test voyages involving container ships and automobile carriers in 2027. South Korea’s goal is to launch regular services on the route by 2030.

Source: gcaptain.com

← Back to all news