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Busan port achieves its goal of handling 20 million TEU in 2017

SOUTH Korea's Busan port handled a record 20 million TEU in 2017, an achievement that has granted the 141-year-old trade gateway mega port status.

The Busan Port Authority announced that it will co-host a ceremony on January 26 to express its gratitude to port and logistics industry workers for their hard work to achieve its goal to handle 20 million TEU.

Aside from the milestone container throughput, the port's first container pier, Jasungdae pier, has become the world's second largest container transshipment hub, a statement from the port authority said.

Moreover, Busan port "is facing another opportunity that can make a new leap to be a global logistics hub creating high added value," it said.

"By utilising a new opportunity, we will create better business environment where all the related industries, groups, and organisations can prosper. We will create more jobs in the port sector to become a national corporation co-existing with citizens," said BPA president Woo Ye-jong.

In addition, BPA said it plans to take the lead in swiftly changing market conditions and resolving safety

Source: Schednet

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