Major Asian exporter tests Russian Arctic shortcut to Europe

1 week ago 21

South Korea has begun a trial voyage via the Northern Sea Route amid disruption to traditional shipping lanes South Korea has launched its first trial container ship voyage to Europe via the Northern Sea Route (NSR), as disruption to traditional shipping lanes drives growing interest in Russia’s Arctic trade corridor.The NSR stretches roughly 5,600 km along Russia’s Arctic coast, mostly through waters under its jurisdiction. The route relies on domestic port and navigation infrastructure. State atomic energy corporation Rosatom oversees its development and operates the world’s only nuclear-powered icebreaker fleet.The PanStar Acro departed from Busan New Port on Saturday and will sail through the NSR before calling at Felixstowe in the UK, Rotterdam in the Netherlands, and Gdansk in Poland.The ship is expected to reach Felixstowe in around 18 days. The journey between Busan and Rotterdam via the Arctic is around 13,000 km, 35% shorter than the roughly 20,000 km route via Suez, with South Korean estimates suggesting the NSR could cut around ten days from a typical Asia-Europe voyage.According to Reuters, Western diplomats have raised concerns over South Korea’s plan, which involved ...

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