Six representatives from shipping companies who received plaques of appreciation and officials from Busan Port Authority are taking a commemorative photo after the award ceremony.

Six representatives from shipping companies who received plaques of appreciation and officials from Busan Port Authority are taking a commemorative photo after the award ceremony.

View original image


[Asia Economy Yeongnam Reporting Headquarters Reporter Hwang Duyul] Busan Port Authority (BPA) achieved the largest cargo volume of 22.7 million TEU since the opening of Busan Port in 2021.


On the 11th, BPA selected six shipping companies that contributed to building an eco-friendly green port and presented them with plaques of appreciation.


The selected companies include four foreign companies: ONE, MSC, MAERSK, CMACGM, and two domestic shipping companies: HMM and Korea Marine Transport.


BPA invited representatives of these companies to its headquarters to present the plaques and requested continuous cooperation for the development of Busan Port.


ONE (Ocean Network Express) actively utilized Busan Port as a transshipment hub last year and became the first among calling carriers to surpass 3 million TEU in combined export-import and transshipment cargo volume.


This is the first time a single shipping company has handled over 3 million TEU at a single port in South Korea.


This volume exceeds the total cargo volume of 2.13 million TEU at Gwangyang Port, the third largest container port in Korea in 2021, and is comparable to the total cargo volume of 3.35 million TEU at Incheon Port, the second largest port last year, which is remarkable.


MSC, which increased transshipment cargo the most, created approximately 440,000 TEU of new transshipment volume by opening transshipment routes between China and Russia.


MAERSK handled the largest export-import cargo volume of 1.13 million TEU among carriers calling at Busan Port, contributing to a 6.3% increase in Busan Port's export-import cargo volume.


HMM urgently deployed several temporary vessels on the major trunk route to the Americas, greatly assisting domestic companies struggling with a shortage of shipping space for export cargo.


HMM was the shipping company with the largest increase in export-import cargo volume last year, growing by 22%.


Korea Marine Transport handled the largest cargo volume of 1.93 million TEU among domestic shipping companies using Busan Port.


CMACGM introduced LNG-powered container ships to Busan Port for the first time, leading to a reduction in ship-emitted fine dust and contributing to the establishment of an eco-friendly green port, according to BPA.



BPA President Kang Joon-seok said, "Despite the adverse domestic and international conditions such as the logistics crisis caused by COVID-19 in 2021, we deeply appreciate the customers who contributed to the development of Busan Port. We will listen carefully to our customers' voices and strive to further enhance the competitiveness of Busan Port."


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing