South Korea launches task force to prepare for Arctic shipping route

By Elías Thorsson February 18, 2025
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A container ship leaves Pusan Newport Terminal in Busan, South Korea. REUTERS/Kim Hong-Ji/File photo

The South Korean city of Busan has taken a significant step toward securing its role in future global shipping with the launch of the Arctic Shipping Route Task Force. The task force held its first official meeting on February 13, bringing together industry leaders, researchers and policymakers to discuss strategies for integrating Busan into the evolving Northern Sea Route, a key Arctic passage that could reshape maritime trade.

The announcement was highlighted in a LinkedIn post by Subeom Choi, Ph.D., an expert in Arctic shipping, sustainable maritime development, and international cooperation. Dr. Choi underscored the growing importance of Arctic logistics as climate change accelerates ice melting, opening new possibilities for trade between Asia and Europe.

Key Meeting Highlights

The first meeting gathered 19 experts from the shipping industry, academia, research institutions, public organizations, and the media. Discussions focused on:

  • Strategies to position Busan as a key Arctic hub port
  • Lessons learned from past Arctic shipping experiences
  • Policy directions and development strategies for the future

A keynote address was delivered by Professor Kim Tae-yu of Seoul National University, who spoke on “The Necessity and Strategy for Securing an Arctic Hub Port.” Additionally, representatives from Korea Maritime Institute, Pan Ocean, and the Busan Development Institute shared insights on Arctic shipping trends and policy recommendations.

Busan’s Key Objectives

The task force has outlined several objectives aimed at strengthening Busan’s position in Arctic trade:

  • Developing Busan Port into a strategic Arctic shipping hub
  • Creating supportive policies and industry initiatives
  • Forging partnerships with domestic and international shipping companies
  • Establishing a long-term roadmap through expert collaboration and research

Looking Ahead

With the Northern Sea Route expected to reduce shipping times between Asia and Europe, Busan is moving proactively to ensure it remains competitive in a changing global shipping landscape. The task force will continue to expand research, develop policy support, and strengthen industry partnerships to position Busan as a critical player in Arctic maritime logistics.