Busan Port Authority (BPA), aware of the challenges facing liner operators, could offer volume-linked rental rates to terminal operators from 2022, ahead of the opening of the opening of Phases 2-5 and 2-4 of Busan New Port (BNP).
Currently, a fixed rent is paid based on the area of the wharf, regardless of the amount of loading and unloading.
The volume-linked rental system could reduce the terminal operators’ financial burdens and discourage them from engaging in a price war by cutting fees.
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https://container-news.com/busan-port-considers-volume-linked-terminal-rentals/