BUSAN PORT AUTHORITY

South Korea’s Busan Port boosts container capacity with new automated terminal

South Korea’s Busan New Port has launched a seventh container terminal extending its box capacity.

The terminal’s opening ceremony was held on 5 April and was attended by South Korea’s President Yoon Suk Yeol, who lauded the facility as a milestone in turning Busan Port into a world-class smart port and hub for global logistics.

The new facility is the first fully automated terminal in the country featuring remotely controlled ship-to-shore cranes, which were built in South Korea. The automated...

https://container-news.com/south-koreas-busan-port-boosts-container-capacity-with-new-automated-terminal/

Busan Port and SM Line part of consortium to operate Iraq’s Al-Faw port

Busan Port Authority, SM Line Gyeong-in Terminal and Daewoo Engineering & Construction (Daewoo E&C) have formed a South Korean consortium to negotiate the operating concessions of the container terminal that is part of the first phase of the Iraqi port of Al-Faw, which Daewoo E&C is building.

The first phase will have five container shipping berths that can each accommodate ships of up to 23,000 TEU. When fully completed in 2038, Al-Faw, with 100 boxship berths that can handle 7.5 million TEU...

https://container-news.com/busan-port-and-sm-line-part-of-consortium-to-operate-iraqs-al-faw-port/

Busan Port develops monitoring technology to prevent container stack collapses

Busan Port Authority has worked with South Korea’s Ministry of Science and Information and Communication Technologies (ICT) to develop a technology to monitor container loading and sorting to prevent stored containers from falling over in strong winds.

The technology uses intelligent closed-circuit television (CCTV) and lidar sensors to shoot corner castings adjacent to upper and lower containers, and applies artificial intelligence learning techniques such as deep learning to “normal” (green),...

https://container-news.com/busan-port-develops-monitoring-technology-to-prevent-container-stack-collapses/

Busan Port Authority to build a new warehouse at the Probolinggo Port

Busan Port Authority will establish and operate a bonded warehouse at the Probolinggo Port in East Java in order to expand logistics connection between Busan and Indonesia and support the competitiveness of Korean companies.

BPA is planning to establish a joint corporate with a local logistics company PK and the public agency Korea Overseas Infrastructure & Urban Development (KIND) Corporation in order to finish the warehouse construction and begin its sales activities in earnest from December.

Th...

https://container-news.com/busan-port-authority-to-build-a-new-warehouse-at-the-probolinggo-port/

BPA forms LNG bunkering JV with KOGAS

Busan Port Authority (BPA) has formed a joint venture with the government-backed LNG procurement agency Korea Gas Corporation (KOGAS), to supply LNG bunkers in Busan Port, with the long-term expectation that demand from container shipping will substantially increase.

BPA is among five South Korean organisations that signed JV agreements with KOGAS on 14 July 2020, with the JVs intended to be formed by October. The other organisations are steel group POSCO International, oil refiner S-Oil...

https://container-news.com/bpa-forms-lng-bunkering-jv-with-kogas/

South Korean liner alliance in dispute with Busan Port Authority

Korea Shipping Partnership (KSP), a quasi-alliance of South Korea’s liner and feeder operators, are seeking arbitration with regard to Busan Port Authority’s request that the carriers bear additional costs of KRW4.6 billion (US$3.76 million) for operating the multi-purpose terminal in Busan New Port for the past year.

KSP said on 1 June 2020 that it had requested mediation from the Korea Commercial Arbitration Board.

While additional equipment was installed at the terminal, cargo volumes were...

https://container-news.com/south-korean-liner-alliance-in-dispute-with-busan-port-authority/

South Korean operators and ports execute COVID-19 contingency plans

South Korea has suddenly become the world’s second largest COVID-19 cluster, its liner operators and container port authorities have implemented contingency plans similar to their Chinese counterparts, in response including homeworking for staff and emphasising hygiene.

A spokesman for Hyundai Merchant Marine, South Korea’s foremost liner operator, told Container News the company has implemented work-from-home arrangements while arranging for other staff to be split between the main office and...

https://container-news.com/south-korean-operators-and-ports-execute-covid-19-contingency-plans/

+ More