Busan Port Fired the Starting Signal for Domestic Production of Cargo Handling Equipment

Busan Port Authority Installs 'Domestic Cargo Handling Equipment' at New Port to Foster Win-Win with Companies
On the 28th, Hanjin Heavy Industries Holds Steel Cutting Ceremony for 115.5 Billion KRW Transfer Crane

Steel cutting ceremony for transfer crane production held on the 28th at Hanjin Heavy Industries & Construction Yeongdo Shipyard.

[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Yong-woo] Busan Port Authority (BPA) held a steel cutting ceremony on the 28th at Hanjin Heavy Industries Yeongdo Shipyard for the production and installation project of transfer cranes for the 2-5 phase 1st batch at the West Container Terminal of Busan New Port.

This project aims to promote the domestic heavy industry economy by domesticating major cargo handling equipment to be installed at the West Container Terminal 2-5 phase of Busan New Port.

As a project promoted for win-win cooperation among domestic companies, Hanjin Heavy Industries announced through the steel cutting ceremony the beginning of domestic production of the 'transfer crane,' a major cargo handling equipment in domestic ports.

Through this project, worth 115.5 billion KRW, Hanjin Heavy Industries will manufacture 34 transfer cranes by 2021, conduct test operations, and install them in 2022 at the site of the West Container Terminal 2-5 phase of Busan New Port.

Since 80% of the materials will be produced through domestic small and medium-sized enterprises, efforts will also be made for coexistence with related industries.

Nam Ki-chan, president attending the event, said, "I am proud that top-level cargo handling equipment made with our technology will be installed at Busan New Port, and I hope this project will serve as an opportunity to promote the localization of cargo handling equipment."

This content was produced with the assistance of AI translation services.