Busan-Jinhae FEZ expanded with Busan New Port

Busan has been made the largest free trade port in South Korea, after more territory was added to the existing Busan-Jinhae free economic zone (FEZ) in the country’s busiest container port.

The Ministry of Oceans and Fisheries (MOF) announced on 6 April 2020 that the container terminals of Busan New Port, and the adjacent hinterland, would be included in Busan-Jinhae FEZ. This will mean that the new Busan-Jinhae FEZ, which was originally designated in 2003, will have a total area of 12.2 million...

https://container-news.com/busan-jinhae-fez-expanded-with-busan-new-port/

Heung-A reroutes service away from Pyeongtaek amid sluggish demand

South Korean intra-Asia carrier Heung-A Line has reorganised its Japan-Pyeongtaek Express (JPX) service between South Korea and western Japan, as demand became sluggish amid the Covid-19 outbreak.

Originally, Heung-A Line’s service began from Pyeongtaek and Gwangyang ports in South Korea, calling at Gwangyang, but falling cargo volumes caused the company to move the South Korean leg to Busan North Port and Busan New Port.

Two ships, the 1,100TEU Methi Bhum and 900TEU Nawata Bhum, both chartered...

https://container-news.com/heung-a-reroutes-service-away-from-pyeongtaek-amid-sluggish-demand/

Busan New Port orders a dozen transfer cranes from Doosan

Busan Port Authority has ordered 12 transfer cranes from Doosan Heavy Industries, for installation in Busan New Port.

Busan New Port is undergoing expansion as South Korea’s busiest container port eyes more container volumes.

The cranes are scheduled for installation by March 2022, in three berths being developed in the western part of Busan New Port, under Phase 2-5. The contract value was not disclosed.

Transfer cranes move containers in the terminal yard through remote automated operations.

Busan...

https://container-news.com/busan-new-port-orders-a-dozen-transfer-cranes-from-doosan/