South Korea's Lee welcomes home Arctic container ship as route faces viability tests
The president said Korea will expand Arctic shipping while abiding by sanctions and investing in safety and environmental technology.
- On Tuesday, President Lee Jae Myung celebrated the successful Arctic Ocean voyage of the Korean container ship The PanStar Acro in Busan, marking Korea's first such trip to Europe.
- The PanStar Acro returned to Busan on Sunday after a 50-day pilot voyage via the Arctic Ocean north of Russia to Britain, the Netherlands, and Poland, offering faster shipping than the Suez Canal.
- Lee also aims to develop Busan as a maritime hub by utilizing shipbuilding infrastructure in Ulsan and South Gyeongsang Province, positioning the region as a strategic Arctic shipping center.
- Concerns regarding international sanctions have emerged as the Arctic route gains popularity, prompting Lee to pledge that Korea will "thoroughly abide by international norms and principles on sanctions" regarding Russia's war with Ukraine.
- Hailing the voyage as a "meaningful challenge," Lee noted, "I will work toward ensuring that the new route does not remain the exclusive interest of any one country, but instead leads to mutual prosperity.
14 Articles
14 Articles
The President of South Korea, Lee J Myung, confirmed his country ' s commitment to continue its efforts to develop a new navigation route across the Arctic Ocean, noting that this project would be implemented in accordance with international standards and the sanctions regime.
South Korean President Li Jae Men stated that the South Korean authorities were committed to increasing their use of the North Sea route, but were not going to circumvent international sanctions, and handed over Renhap.
South Korea's Lee welcomes home Arctic container ship as route faces viability tests
South Korean President Lee Jae Myung on Tuesday welcomed home the first South Korean container ship to sail to Europe and back via the Arctic, as Seoul pushes to launch regular services on the route by 2030 despite diplomatic and commercial hurdles.
South Korea sought to convince partners of plans to expand use of the route.
At the welcoming ceremony for the Panstar Acro, which completed a trial voyage on the Arctic route, President Lee Jae-myung stated that the government would prepare for new shipping routes while adhering to international norms and sanctions. The government presented plans to secure sustainable shipping competitiveness, invest in eco-friendly technologies, and promote the co-growth of the maritime logistics and shipbuilding industries centered in…
Coverage Details
Bias Distribution
- 37% of the sources are Center, 36% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
