▲ President Lee Jae Myung speaks at a defense strategy committee meeting in Changwon on May 26, 2026. (Yonhap)

president-maritime hub

Lee vows efforts to foster shipping, port industries as strategic sectors

SEOUL, May 27 (Yonhap) -- President Lee Jae Myung on Wednesday pledged to foster shipping and port industries as national strategic sectors in an effort to establish unhindered maritime supply routes.

Lee unveiled the plan in a speech at a ceremony in Busan marking the country's Sea Day, which falls on Sunday, reaffirming the government's plan to establish a global maritime hub in the city and surrounding areas.

"Under the understanding that the shipping industry is not merely a logistics sector but a core industry buttressing the national economy and security, the government plans to foster the shipping and port businesses into national strategic industries," Lee said.

The president said that, as part of the effort, the government plans to help accelerate the recovery of global maritime supply chains to establish new sea supply networks that can "be completely managed on our own."

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