SEOUL, Oct. 22 (Yonhap) - A Swedish tanker operated by a South Korean company came to South Korea on Tuesday, after sailing through the Arctic, said an official of the company, successfully completing the first pilot service South Korea in the north polar route that has great potential for cost savings and time to South Korean shipping companies.
The ship arrived at the South Korean
"The passage means the development of a new route in the history of South Korean logistics," said Kang Sung-gon, a spokesman for Hyundai Glovis.
Currently, the South Korean vessels using conventional navigation route through the Indian Ocean and the Suez Canal before arriving in
In comparison, the Arctic route can reduce travel time by 10 days, which helps to reduce shipping time and costs, said Kang.
Jeon Ki- jong, a Ministry of Oceans and Fisheries of South Korea, said the trip helped
The Arctic route has become a possible alternative to the
However, the Arctic route could provide business opportunities for Glovis Hyundai and other South Korean companies in the long term, said Kang.