Understanding the core barriers to the commercial use of the Northern Sea Route: Comparative Analysis between Korean and Russian Experts Department of Logistics Management Graduate School of Logistics, Incheon National University, Incheon, South Korea...
Understanding the core barriers to the commercial use of the Northern Sea Route: Comparative Analysis between Korean and Russian Experts Department of Logistics Management Graduate School of Logistics, Incheon National University, Incheon, South Korea The Northern Sea Route (NSR) is a maritime corridor along Russia's northern shores, linking the Atlantic and Pacific Oceans through Arctic waters. It offers significant time and cost savings for transporting goods between Europe and Asia. However, its commercial use is limited by various barriers that must be understood and addressed to promote its expansion in global trade. The possibility of using the NSR has attracted the interest of shipping companies and government organizations seeking to reduce time and costs for intercontinental transportation. The anticipated benefits of using this route include reduced delivery times, fuel savings, and decreased carbon emissions from shipping. While emphasizing the advantages, it should be mentioned that ships passing through the Northern Sea Route will also face numerous serious difficulties. Large commercial shipping companies are currently unable to operate on this route. It follows that along the entire length of this route, companies face various problems. These include environmental problems, problems related to the legal regulations governing transportation, and major problems include the lack and low level of port infrastructure, and Arctic conditions. In this study, the main objective is to establish the key barriers to the commercial use of the NSR. The ISM method (Interpretive Structural Modeling) is used to structure the problems, analyze them, and further build a plan for the use of the NSR. The results will be useful in solving problems related to transportation along the NSR. The findings of this study can provide good guidance for policymakers and ports that are trying to develop port strategies to make their ports more attractive. Keywords: Global Warming, Northern Sea Route, ISM, Expert Evaluations