Busan Port Authority China Office Holds Meeting with Domestic Shipping Companies

“Communicating with Shanghai Shipping Companies Together with Incheon Port Authority”

The China Representative Office of Busan Port Authority (BPA, President Kang Junseok) jointly held a meeting with the China Representative Office of Incheon Port Authority (IPA) for Korean shipping companies based in Shanghai on the 15th.

At the event, representatives from ten major Korean shipping companies in Shanghai attended and provided explanations on the cargo handling performance of Busan Port Authority and Incheon Port Authority for the first half of 2024, as well as their key business plans for the second half of the year.

In particular, the meeting gathered a wide range of opinions and response strategies from the shipping companies regarding the rapidly changing global and Chinese shipping markets, freight rate fluctuations, and a decrease in cargo volume.

Additionally, the event invited the head of the Shanghai Representative Office of Korea Trade Insurance Corporation and others to provide explanations on ship insurance, trade insurance, and related topics.

Hwang Injung, head of the BPA China Representative Office, stated, "As the global logistics environment is rapidly changing, we will strive to reflect the various opinions collected at this meeting of Korean shipping companies in Shanghai in the operation of Busan Port and our marketing activities for the second half of the year."

The BPA China Representative Office held a meeting with national shipping companies and is taking a commemorative photo.

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