South Korea joins China in race to develop Arctic shipping route
- Panstar Group’s 2,800 teu vessel set to depart Busan on August 22 for Korea’s first Arctic container voyage to Europe
- Trial follows China’s Sea Legend Shipping, which has scaled up to near-weekly Arctic sailings this summer
- Government-backed project aims to test polar route as alternative amid Red Sea disruptions and geopolitical risks
Seoul backs its first Arctic voyage as Red Sea crisis forces Asia to rethink Europe-bound shipping
