Port of Busan

Two container ships collide at Busan Port

The container ship Safmarine Nokwamda collided with the container ship Tianjin, while berthing at Busan Container Terminal, on March 2. Both ships sustained damages, while several containers fell from Tianjin.

The collision took place while the ‘Safmarine Nokwanda’ was berthing at the port. At that time it hit the stern of Tianjin.

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Tianjin sustained serious damages, while a number of containers were crushed and fell overboard. As for Safmarine Nokwanda, it...

https://safety4sea.com/two-container-ships-collide-at-busan-port/

HMM and PSA take control of Busan Port

On January 30, 2019, HMM announced that it held a signing ceremony for the ‘PSA-Hyundai Pusan New Port (PHPNT) Pier 4’ sales contract.

Over 100 participants joined the signing ceremony hosted at the PHPNT office in Pusan, including Young-Choon Kim (Minister of Oceans & Fisheries of Korea), Kichan Nam (President Busan Port Authority), C. K. Yoo (HMM President & CEO), and Roger Tan Keh Chai (PSA Regional CEO Northeast Asia).

This sales contract includes that the private equity fund, Yuanta-HPNT,...

http://container-news.com/hmm-psa-take-control-busan-port/

Blockchain trial in the port of Busan

Two government ministries in South Korea have just launched a blockchain pilot for port logistics innovation. The information was posted in a press release by the Ministry of Science, Future Planning and ICT on the 18th of December. According to the press release, the Ministry of Oceans and Fisheries in collaboration with the Ministry of Science, Future Planning and ICT, will be exploring the efficiency of blockchain technology in the container shipping market of South Korea. The goal is to...

http://container-news.com/blockchain-trial-port-busan/

US blacklisted Russian freighter stuck in Busan

The Russian freighter ‘Sevastopol’, is stranded in the South Korean port of Busan for over a month. The ships has been blacklisted by the US, as its owner has allegedly violated the sanctions. According to reports, local oil companies are reluctant to supply the ship with fuel.

According to local reports, a ministry official said that the Russian-flagged vessel did not re-enter the South Korean port but it has yet to leave the port for its own reasons.

On September, the South Korean government...

https://safety4sea.com/us-blacklisted-russian-freighter-stuck-in-busan/

Busan agrees with Port of Rotterdam for new sustainable warehouse

The Port Authority of Busan issued with the the Port of Rotterdam Authority a Letter of Intent for the allocation of a 5 to 10 hectare site on the Maasvlakte Distribution Park West. It is the second LOI signed in a short time for this distribution site, which is considered as a premium logistics location.

The Maasvlakte Distribution Park is linked by road, rail and water and is located very near to high-frequency deep-sea and short-sea connections. The new Distripark is also located conveniently...

https://safety4sea.com/busan-agrees-with-port-of-rotterdam-for-new-sustainable-warehouse/

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