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BUSINESS
Aug 22
India joins China and South Korea in push for Arctic shipping routes
Climate change and conflict are conspiring to open up the Arctic to Asian commercial shipping, with China, South Korea and India all eyeing the icy short cut to Europe. Last Saturday, Chinese shipping company Sea Legend launched the first scheduled weekly container service across the top of the world, marking the realisation of Beijing’s long-held ambition to build a “Polar Silk Road”. It will not sail alone for long, however. This Sunday, South Korea’s PanStar Group plans to send its own pilot...
South China Morning Post