Excerpts from Port Technology:
Hyundai Glovis, a South Korean shipping liner, has completed the country’s first voyage to transport cargo between Asia and Europe by the Arctic Sea after arriving at Sapo Quay of Gwangyang Port in South Korea on October 21, 2017.
South Korea’s Ministry of Oceans and Fisheries said the pilot operation will “serve as a lesson” for other shipping companies in setting up strategies in the Arctic area.
The South Korean government has plans to support the South Korean shipping companies so that they can successfully tap into the Northern Sea Route.
In August 2017, China transported steel products on bulk vessel weighing in at 19,000 tons in a pilot operation through the NSR.