Panstar Enterprise Secures Additional Quay Stockyard to Boost Cargo Throughput

Dongyang Quay Stockyard at Masan Port Expands by Over 10,000 Square Meters

Panstar Enterprise, an affiliate of Panstar Group, has eased cargo congestion by securing additional quay stockyard space.

On March 19, Panstar Group announced that it had obtained the right to use the Dongyang Quay stockyard at Masan Port and had begun integrated operations with its existing Pier 4 stockyard.

The newly secured Dongyang Quay stockyard covers an area of 10,267 square meters. Located adjacent to the existing B-4 stockyard at Masan Port Pier 4 (7,929 square meters), the two facilities can now be managed as a unified operation.

The Dongyang Quay stockyard, which features a 150-meter-long quay, has the capacity to handle 432 TEU containers (based on three-tier stacking). It can also simultaneously store 220 units of construction machinery and parts, 250 finished and used vehicles, and 600 tons of general cargo.

Fanstar Enterprise's additionally secured Masanhang pier yard (white circle).

With the expansion of the stockyard, Panstar Enterprise aims to increase cargo throughput. The company intends to raise monthly container handling from the current 600–800 TEU, which was limited by capacity constraints at Pier 4, to over 1,000–1,200 TEU. The goal is to restore throughput to the levels seen during the period of Masan Gapo New Port’s stevedoring operations.

The company operates regular international container shipping services at Masan Port as a stevedoring operator. With the addition of stockyard and quay facilities, Panstar Enterprise expects improved stability in berth management and greater efficiency in cargo handling.

Despite the existing policy of priority berthing for regular shipping lines, a shortage of stockyard space and a mixed operating environment had prevented the full realization of regular service benefits. This expansion is expected to enhance both the competitiveness of regular shipping lines and the confidence of shippers.

Panstar Enterprise plans to maintain its transshipment cargo business with Japanese construction machinery companies while also securing additional cargo on European and Southeast Asian routes. The company also aims to attract volumes from global clients such as Japanese glass substrate manufacturers, and to bring in construction machinery, finished vehicles, and used cars through collaborations with domestic shipping lines. In addition, Panstar Enterprise is working to establish new routes, including to Weihai, China, to further expand demand for high value-added transshipment and integrated logistics services.

A representative from Panstar Enterprise stated, “With the additional stockyard space, we have established an integrated logistics hub for containers, construction machinery, automobiles, and general cargo. Our goal is to increase cargo throughput and enhance stevedoring efficiency to strengthen profitability.”

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