Gov't to support shipbuilding projects involving Arctic routes: minister

Gov't to support shipbuilding projects involving Arctic routes: minister

The government will provide financial support for projects aimed at building icebreakers that will run through Arctic shipping routes, the oceans minister said Thursday, as Korea plans to begin pilot operations on the envisioned Northern shipping corridors next year. "We will invest 11 billion won ($8 million) per vessel built with icebreaking capabilities for operation on the Arctic shipping routes," Minister Chun Jae-soo said in a press confer…