Incheon Port Authority to Conduct China Port Sales from 13th to 15th... Hosting Incheon Port Shanghai Forum

Incheon Port Authority (IPA) announced that President Lee Kyung-gyu will engage in direct port sales activities in China, Incheon Port's largest trading partner, from the 13th to the 15th.

President Lee selected Shanghai, home to the world's number one container throughput port, and Qingdao, a major cruise tourism city in China, as the first targets for port sales since his inauguration, aiming to increase cargo volume between Incheon Port and China and to revitalize marine tourism.

This port sales initiative includes hosting the Incheon Port-Shanghai Forum and meetings with shipping and logistics companies, benchmarking Shanghai Yangshan Port, and signing a Memorandum of Understanding (MOU) to develop cruise ports and tourism hubs between Incheon and Qingdao, with the IPA Shanghai office participating.

On the 14th, IPA co-hosted the "4th Incheon Port Shanghai Forum" in Gubei, Shanghai, together with the Consulate General of the Republic of Korea in Shanghai. The forum was organized into three sessions under the theme "Logistics Innovation Using Chat GPT." About 100 participants, including representatives of national shipping companies, members of the Shanghai Korean International Freight Forwarders Association (SKIFFA), logistics companies, and cargo owners, attended to share the latest logistics trends and discuss the outlook for Korea-China logistics market conditions next year.

In his welcoming remarks, President Lee said, "Through this forum, I hope shipping and logistics companies will create business opportunities by utilizing generative artificial intelligence (AI) technology, which learns data patterns and generates new data based on them."

Following this, Professor Ding Yi from Shanghai Maritime University delivered a keynote speech titled "Digital Smart Port Logistics: From Generative AI to Next-Generation Port Logistics Systems." After the forum, IPA held a meeting between representatives of national shipping companies and SKIFFA members to hear opinions from shipping and logistics companies based in Shanghai regarding difficulties in using Incheon Port and ways to increase cargo volume.

Lee Kyung-gyu, President of Incheon Port Authority, stated, "Thanks to the support of Korean shipping companies and forwarders, cargo volume between Incheon Port and China is on the rise. We will continue to make efforts to revitalize Korea-China trade through Incheon Port."

Meanwhile, as of the cumulative total in September, Incheon Port's container throughput reached 2,529,323 TEU, a 6.7% increase compared to the same period last year. Of this, cargo volume with China accounted for approximately 59%, totaling 1,488,270 TEU.

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