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East Coast Used Car Export Hub Port

First Trial Voyage to Egypt Conducted on the 14th

Yeongilman Port Opens Domestic Used Car Export Route.

[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Gwiyeol] Gyeongbuk Province opened the export route for domestic used cars at Pohang Yeongilman Port starting from the 14th.

Since last month, domestic used cars have begun arriving at Pohang Yeongilman Port, and on the 14th, the first trial voyage to Egypt was conducted.

This voyage was operated by the shipping company CIG (CIG Shipping), facilitating the export of South Korean used cars to various countries around the world.

At Pohang Yeongilman New Port, there is experience exporting semi-knocked down (KnockDown-KD) vehicles, such as Ssangyong Motor vehicles produced in 2010 at the Pyeongtaek plant in Gyeonggi Province, and Mazda cars imported from Japan in 2012, by disassembling them and loading them into containers for export to Vladivostok, Russia.

However, this is the first time since the port opened in August 2009 that fully assembled vehicles have been loaded onto a dedicated vessel and exported.

The dedicated car carrier operated by CIG Shipping, which has a cargo handling contract with Pohang Yeongilman New Port, is a RO-RO (Roll-on/Roll-off) type irregular service vessel.

It exports according to the volume of contracted shippers, servicing routes that are difficult to call at domestic small and medium-sized ports such as Egypt, Libya, Jordan, Turkey, and Guatemala.

During the trial voyage period, approximately 1,300 to 1,500 vehicles per voyage are expected to be exported, and if the proficiency of stevedores improves and the geographical advantages of Pohang Yeongilman Port come into play, export volumes are expected to gradually increase.

Gyeongbuk Province plans to provide generous support to revitalize the port by utilizing all possible methods to maximize the advantages of Pohang Yeongilman Port.

Kim Seonghak, Director of the Marine and Fisheries Bureau of the province, said, “We converted two berths at Pohang Yeongilman Port into multipurpose piers to create conditions to attract this automobile cargo,” adding, “We will provide generous support not only limited to automobile cargo but also to attract industries that can utilize the hinterland complex to revitalize the local economy and expand employment.”

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