South Korea is boldly testing the Arctic’s commercial potential with its first-ever Arctic voyage this Saturday, aiming to slash shipping times by 35% and position Busan as a global maritime hub by 2030. The PanStar Acro will sail from Busan through Russia’s Northern Sea Route, stopping in Britain, the Netherlands, and Poland — but the trip walks a razor-thin diplomatic line, risking sanctions if it needs Russian help. As climate change opens these icy waters — with 88 ships already transiting last year — South Korea races against China to claim first-mover advantage, even as higher costs and geopolitical tensions loom.
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