Busan Port Authority Selected as the Top Port Operation Innovation Institution for Two Consecutive Years

Busan Port Authority (BPA) was selected as the Best Innovation Institution for two consecutive years at the ‘2023 Port Operation and Security Innovation Competition’ hosted by the Ministry of Oceans and Fisheries on the 28th.

Since 2004, the Ministry of Oceans and Fisheries has been discovering and awarding best practices annually across all port operation institutions in Korea, including regional maritime offices and port authorities nationwide.

In 2022, Busan Port Authority was recognized as the best institution for its contribution to preventing a nationwide logistics paralysis during the Cargo Solidarity strike by reorganizing the operation system to transport cargo through fences between piers.

This year, BPA was again selected as the best port operation innovation institution for two consecutive years for its efforts in creating an ecosystem that enabled the development and introduction of domestically produced cargo handling equipment based on local manufacturing technology in a market dominated by foreign products, thereby contributing to the creation of quality jobs and reduction of carbon emissions.

A representative from Busan Port Authority received the Grand Prize at the '2023 Port Operation and Security Innovation Competition.'

Additionally, by collecting on-site opinions from resident companies, BPA realized regulatory reforms that relaxed the area restrictions for resident companies within the Busan New Port hinterland complex, enabling broader business expansion and new value creation within the hinterland, and secured a foundation for attracting global leading companies requiring larger sites, earning a commendation award for innovation achievements.

Kang Jun-seok, President of BPA, emphasized, “As the world’s 7th largest container port and Korea’s largest container port, the influence of Busan Port goes beyond the simple concept of a space providing logistics,” and added, “We will continue relentless innovation efforts to ensure Busan Port serves as a testbed where advanced technology and port workers harmoniously converge and acts as a catalyst leading the future growth of the regional economy.”

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