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South Korea eyes new bid to encourage box shipping via the Arctic

20 May 2026

Container shipping through the Northern Sea Route may only show profits after 2040 – due to draught limits that prevent large vessels being deployed. This is the assessment of a Korea Maritime Institute (KMI) feasibility study, commissioned by the Ministry of Oceans and Fisheries, which on Monday ap

South Korea is intensifying efforts to promote container shipping via the Northern Sea Route (NSR), despite a recent Korea Maritime Institute (KMI) feasibility study suggesting commercial viability may not emerge until 2040. Commissioned by the Ministry of Oceans and Fisheries, the report highlights that current draught restrictions prevent the deployment of ultra-large container vessels (ULCVs) necessary for profitable Arctic transit. While the NSR offers shorter distances between Asian ports like Busan and European hubs, infrastructure limitations remain a significant hurdle for global logistics.

Operating in Arctic waters requires strict adherence to the IMO’s International Code for Ships Operating in Polar Waters, known as the Polar Code, which supplements SOLAS Chapter XIV and MARPOL Annexes I and II. Compliance departments must ensure vessels meet specific ice-class requirements and that crew members possess specialized Polar Ship Certificates. Furthermore, classification society rules regarding hull strengthening and low-temperature material specifications are critical for operational safety. Failure to meet these stringent regulatory standards poses severe risks to vessel integrity and environmental protection in sensitive polar ecosystems.

Masters and navigating officers must prepare for the unique challenges of high-latitude navigation, including erratic magnetic compass performance and the necessity for ice-strengthened vessel certification. These professionals should prioritize advanced training in ice maneuvering and emergency response procedures specific to the Polar Code. Understanding the limitations of current draught capacities is essential for officers planning voyages through the Northern Sea Route, as route optimization remains heavily dependent on seasonal ice coverage and specific vessel design constraints.

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