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الاقتصادية
Korea's first Arctic cargo ship
South Korea is preparing to send its first experimental container ship through the Arctic route to test its commercial viability. This comes amid growing interest in opening new shipping routes following disruptions in global trade caused by geopolitical tensions and a decreased reliance on the traditional Suez Canal route. The journey, which will depart from Busan Port and is expected to take approximately 45 days, is estimated to cut about 7,000 kilometers off the traditional route and save roughly 10 days compared to conventional shipping paths. This route is considered a potential alternative to avoid the risks associated with the Red Sea, despite concerns about its environmental impact and the sanctions imposed on Russia, which relies on Russian services. International competition, seen by China as more politically motivated, also plays a role, while environmentalists warn that the rapid loss of sea ice due to global warming could undermine the route’s viability. The success of this voyage depends on whether the route can develop into a major commercial corridor in the future.
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