Busan Port Authority, KMI, KOPRI, and KRISO Launch Eco-friendly Arctic Shipping Route Working Group. The aim is to Strengthening Cooperation in Technology, Policy, and Logistics, Supporting the Use of Arctic Shipping Routes Based on AX and DX.

Busan Port Authority (BPA) has formed a working group with organizations representing the fields of port logistics, policy research, polar science, and marine technology to prepare for the era of eco-friendly Arctic shipping routes.

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3.9.1 SailingRoutes GlobalContext EEZ SeaIce2022 180degrees LResFour organizations including Busan Port Authority signed a Memorandum of Understanding on the 9th of March to form an eco-friendly Arctic shipping route working group. 

Photo from the left: Kim Jin, Deputy Director of the Ship and Offshore Plant Research Institute; Song Sanggeun, President of Busan Port Authority; Cho Jeonghee, President of the Korea Maritime Institute; Shin Hyungcheol, Director of the Korea Polar Research Institute. Busan Port Authority.

MEMORANDUM OF UNDERSTANDING (MOU)

A memorandum of understanding (MOU) has been signed by BPA with three key organizations: the Korea Maritime Institute (KMI), the Korea Polar Research Institute (KOPRI), and the Korea Research Institute of Ships and Ocean Engineering (KRISO), to support the government in developing Arctic shipping route policies and to establish a close cooperation framework.

The working group was established to explore eco-friendly and sustainable ways to utilize Arctic shipping routes in response to the accelerating Arctic ice melt and changes in the global logistics environment, which are increasing the strategic importance of these routes.

Under the agreement, the four organizations will cooperate in various areas, including: sharing technologies, information, and research outcomes related to Arctic shipping routes; collaborating on artificial intelligence transformation (AX) and digital transformation (DX) technologies and policies; supporting domestic logistics companies in using Arctic shipping routes; and regularly holding domestic and international seminars and policy forums related to eco-friendly Arctic shipping routes.

Song Sanggeun, President of Busan Port Authority, said: "Through the establishment of this working group, we expect the four organizations to generate a synergistic effect by leveraging their respective expertise and strengths. We will continue to provide strong support for the development and implementation of the government's Arctic shipping route policies and work toward the eco-friendly and sustainable use of Arctic shipping routes."

Arctic Portal has had close cooperation, including signing of MoU´s with both KMI and KOPRI and Arctic Portal director Halldór Jóhannsson has actively participated in past Korea Arctic Partnership Week´s and mentored in the KMI Korea Arctic Academy.

Arctic Portals welcomes highly the Korean initiative as our view is that the business of shipping in the Arctic will need to develop in a global context. It will therefore have to be an international undertaking. There is a clear and highly important need for ongoing internationally driven research and improved integrated observations, new information services, clear regulations, and infrastructure development in the Arctic region, not least related to search and rescue services.

For further information on Arctic Shipping, visit our map gallery and/or the Shipping Portal.

Source:  Article by Kang Nahum - the Asia Business Daily

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