Vol.102


	SUTL Group Chosen as Preferred Bidder for Busan North Port Marina Project The Busan Port Authority (BPA) has chosen Singaporean lifestyle conglomerate SUTL Group as the preferred bidder for its multi-million dollar North Port Marina Project, it was announced on Monday. At the official press conference in Busan earlier this week, SUTL unveiled...

Container Cargo Volume of Jan 2012: The Highest Jan. Ever The Ministry of Land, Transport and Maritime Affairs (MLTM) stated on Feb. 6 that Januarys estimated cargo volume in 2012 recorded the highest January volume ever, at 1,806,000 TEUs, an increase of 7 percent year on year. The Busan port registered 1.36 million containers, an increase of 10.6 percent. The volume of export and import cargoes of the port, however, went up slightly by 0.3 percent, handling 684,000 TEUs, due to the sluggish container volume...
BPA, SAMIK to Sign 20year Contract Samik Logistics Co.,Ltd. is designated as the operation company of the Port-rail depot (railway transportation) for the Busan New Port southern container terminal. The BPA conducted assessments on each applicants cargo handling capacity, port rail operation capability, financial status and advanced logistics technology. Based on the result, the BPA announced the final partner, Samik Logistics, on Feb. 1. The contract between the two ...
Nations First Cruise Launched in Busan The Club Harmony, the first Korean cruising player, launched from Busan on Feb. 1. So far, only foreign cruise companies such as America's Royal Caribbean and Italy's Costa have provided cruise service in Korea, however, the Cruise Harmony is the first Korean operated cruise ship. The inauguration ceremony for the Club Harmony, belonging to ...
BNCT Operates the 5th Terminal The Busan New Container Terminal (BNCT), the fifth container quay of the Busan New Port, commenced commercial operations. The BNCT held a welcoming ceremony on Jan. 29, celebrating the first call of KMTC's M/V AKARI, with BPA officials, BNCT and KMTC executives, and the AKARI captain and crew members in attendance. The AKARI, anchored at the BNCT at 2300hrs. on the 28th, and departed on the following day after completing its load and ...
MLTM, Cargo Handling Sets Record in 2011 Annual cargo volume at domestic ports reached the highest level last year by recording 1.3 billion tons. Container cargo volume also reached 21.55 million TEUs (twenty-foot equivalent units), breaking the 20 million TEU line for the first time. The cargo volume at domestic ports gained 8.1 percent compared with the previous year, from 1.24 billion tons to 1.32 billion tons in 2011, Ministry of Land, Transport, and Maritime Affairs (MLTM) said ...
BJFEZ to Sign MOU with BPA The Busan-Jinhae Free Economic Zone Authority (BJFEZ) and the Busan Port Authority (BPA) collaborate in attracting investment in the Distripark Project. The BJFEZ will sign a memorandum of understanding (MOU) with the BPA at a conference room of the BPA in Busan on the 26th to collaborate in investor relations and marketing to attract more investment in the Distripark Project, the BJFEZ said on Jan. 25. The primary purpose is to attract world-class logistics companies by providing ...
BPA Ranks Worlds 5th Super Hub The Busan Port Authority (BPA. President Ki-tae Roh) marks 8th anniversary on Jan. 16. The BPA has been ranked the 5th Super Hub Port through handling the highest cargo volume of 16.14 million TEUs (twenty-foot equivalent units) last year, announced on Jan. 15. Its proactive marketing strategy enabled the BPA to achieve the 2nd ranked transshipment port in the world, and also recorded the highest growth rate of cargo volume among the top 10 global container ports.

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