Temporary Vessels Deployed at Incheon Port... Year-End Logistics Crunch Eased

Incheon New Port Hanjin Incheon Container Terminal Photo provided by Incheon Port Authority

[Asia Economy Reporter Park Hyesook] Incheon Port Authority (IPA) announced on the 16th that it has deployed temporary vessels connecting Vietnam and other regions to help alleviate logistics difficulties faced by domestic export-import companies.

National shipping company Dongyoung Shipping deployed the 1000TEU (1TEU equals one 20-foot container) class temporary vessel "Pegasus Pacer" at Incheon Port on the same day. This vessel will make temporary calls on the Hai Phong (Vietnam) - Incheon - Busan route.

Additionally, on the 2nd, Janggeum Shipping deployed the 1500TEU class container liner "Fortune Trader," which calls at Singapore - Jakarta - Hai Phong - Incheon - Busan, as a temporary vessel.

Earlier, IPA requested shipping companies to deploy temporary vessels at Incheon Port to contribute to the handling of year-end cargo for domestic export-import companies.

In fact, since the second half of last year, export-import companies in the metropolitan area have been facing difficulties in cargo handling due to the increase in global cargo volume and congestion at foreign ports.

IPA expects that the temporary operation of these two vessels will increase this month's cargo volume at Incheon Port by about 500TEU.

Kim Jonggil, Vice President of IPA's Operations Division, said, "We will continue to communicate with related industries and institutions to resolve logistics difficulties."

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