Busan Port Endeavors to Attract Shipping Alliances

By Aiswarya Lakshmi April 5, 2018

Busan Port Authority carried out marketing activities to attract T/S cargo from three global major shipping alliances through visiting their Asian Pacific regional headquarters.

The three global alliances, 2M(Maersk, MSC), OCEAN (CMA·CGM, COSCO, Evergreen, OOCL), THE(Hapag-Loyd, Yang-Ming, ONE), calling at Busan Port account for 80percent of global cargo volume.

Busan Port handled 71 percent(7.28 million TEU) of their T/S cargo and it played a significant role in achieving 20 million TEU.

BPA will inform its plans including revised incentive schemes, Busan New Port dredging construction completion, removing To-do islet, and ITT to alliances. It will also try to resolve their difficulties and meet demands.

BPA International Logistics Business director KANG Bu-won said "Through this marketing activities, we will improve Busan Port operation and boost our service to achieve the goal to process 11.093 million TEU T/S cargo this year."

As a hub port with high-tech logistics facilities in Northeast Asia, trading with 500 ports in 100 countries in the world.