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Ice-class tanker to bring cargoes from Baltic Sea to South Korea by Northern Sea Route for first time

September 17, 2013, 9:39 UTC+3

The Stena Polaris tankers carry more than 40,000 tons of naphtha

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ST. PETERSBURG, September 17 (Itar-Tass) - The ice-class tanker Stena Polaris set out from the port Ust-Luga overnight to Tuesday and headed for South Korea. The tanker is to bring the cargoes to the Korean Peninsula by the Northern Sea Route for the first time, the port authorities told Itar-Tass on Tuesday.

The Stena Polaris tankers carry more than 40,000 tons of naphtha (the product processed from stable gas condensate), at the plant for fractionation and transhipment of stable gas condensate of the Russian second largest gas producer NOVATEK at the port Ust-Luga.

The company Hyundai Glovis intends to become the first South Korean shipping company, which will deliver cargoes across the Arctic region. But as South Korea does not have ice-class ships, the tanker is leased from the Swedish transportation company Stena Line Group.

South Korea delivers the cargoes across the Indian Ocean and the Suez Canal so far that takes about 40 days. The use of the Northern Sea Route, which is 7,000 kilometres shorter, will allow cutting the time of sailing to 25 days.

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