Lee says Arctic sea route development to comply with int'l sanctions
President Lee Jae Myung on Tuesday reaffirmed Korea's push to develop a new shipping route through the Arctic Ocean, saying it will be pursued in compliance with international norms and sanctions. The president made the pledge at a ceremony celebrating Korea's successful voyage to Europe through the Arctic Ocean by a container ship, as the country seeks to operate summer-season container shipping…
President Lee Jae Myung affirmed on Tuesday that Korea's objective to develop an Arctic Ocean shipping route will adhere to international regulations and sanctions. He addressed this commitment during a ceremony commemorating the successful journey of a Korean container ship, the PanStar Acro, through the Arctic Ocean to Europe. The vessel, after a journey of 50 days, returned to Busan from a voyage that took it north of Russia, through the Arctic, to destinations including Britain, the Netherlands, and Poland.
This inaugural voyage by a Korean container ship through the Arctic Ocean signifies a significant milestone for Korea, establishing the first successful summer-season container shipping service linking Asia and Europe via this route. The journey, while challenging due to polar ice, is notably faster than traditional routes via the Suez Canal.
However, the burgeoning use of this Arctic route has sparked concerns regarding potential conflicts with international sanctions against Russia, imposed due to its conflict with Ukraine. Despite these concerns, President Lee emphasized Korea's determination to proceed with the Arctic route development in full compliance with international norms and sanctions.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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