The Korean government has announced plans to add a further 15 berths to its flagship Busan New Port in the south of the country to increase container capacity by 15.8 million TEU.
The new facilities will be a mix of container terminals, feeder terminals and multi-purpose terminals and work will begin in stages based on actual cargo demand and under the coordination of central government.
Total container throughput at Busan Port Authority (BPA) reached 18.68 million in 2014 with the New Port accounting for 64% or 11.93 million TEU.
BPA president Kim Li-tack said: “We are on track to achieve a total container throughput of 20 million TEU by the end of this year. Alongside the creation of 15 new berths we have exciting plans to develop an LNG bunkering facility by 2018 and continued growth of our logistics distripark.”
15 new berths planned for Busan port
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