DNV Banner
Home » Global News » Asia » South Korea’s Busan Port boosts container capacity with new automated terminal

South Korea’s Busan Port boosts container capacity with new automated terminal

The automated processes are expected to boost the port’s productivity by up to 20% compared with other terminals and significantly lower the risk of safety-related incidents.
Facebook
Twitter
LinkedIn
WhatsApp
Email

Source: Container News

South Korea’s Busan New Port has launched a seventh container terminal extending its box capacity.

The terminal’s opening ceremony was held on 5 April and was attended by South Korea’s President Yoon Suk Yeol, who lauded the facility as a milestone in turning Busan Port into a world-class smart port and hub for global logistics.

The new facility is the first fully automated terminal in the country featuring remotely controlled ship-to-shore cranes, which were built in South Korea. The automated processes are expected to boost the port’s productivity by up to 20% compared with other terminals and significantly lower the risk of safety-related incidents.

The development project was carried out in phases, and the new port expansion is scheduled to last up to around 2040-2050. According to the Busan Port Authority, the overall expansion project will cost around US$32 billion.

In 2023, the Port of Busan handled 22.75 million TEUs, translating to a 3.1% growth compared to 2022 figures.

Facebook
Twitter
LinkedIn
WhatsApp
Email

Subscribe to Our Newsletter

One Ocean Maritime Media Private Limited
Email
Name
Share your views in comments