First Vessel At New Korean Facility

Monday, December 19, 2005
The Hanjin Oslo sailed into the harbor of Pusan Newport becoming the first container vessel to arrive at the new Mega Hub. The 279 meter vessel’s arrival was a commemorative event carrying 45 distinguished passengers on a short voyage from the old Busan port to the new state-of-the-art Pusan Newport facility. Passengers included the Minister of Maritime and Fisheries (MOMAF), the President of Busan Port Authority, PNC executives, Pilot Association President, Tugboat Association President, Busan Port Union President, National Maritime Union President and other government officials.

The Hanjin Oslo arrived carrying guest in order to showcase the harbour and facility which is engineered for safe and efficient vessel navigation. The facility’s navigation channels and turning basins are specifically designed in an effort to reduce overall navigational expenses for customers.

Pusan Newport is on course to begin operating the largest single terminal in South Korea on 1 January, 2006. Phase one of the development, which consists of three berths of 350m each, is now complete with 9 shore side gantry cranes, a further three berths on schedule for completion 2007 and the final three berths operational by mid-2009. The overall terminal has a conservative estimated handling capacity of 5.5 million TEU.

PNC is a joint-venture company established to develop, build and operate the North terminal of Pusan Northern Port, entailing a 3,200m quay terminal, located at the boundary of the West side of Busan City and eastern tip of Kyongsangnam-do, Republic of Korea. DP World, the leading port operator and developer, with Samsung Corporation are the joint-lead sponsors and investors in the project. DP World has been contracted as the operations and maintenance provider to PNC.

The facility is being promoted as the Gateway Hub of Northeast Asia due to its strategic location between Japan and Northeast China. The Busan area also has an extremely strong indigenous market and transportation infra-structure which makes the geographic position ideal for such a large container hub facility. A total of 4.08 million square meters of terminal and logistics support area has been designated as a Free Trade Zone which will encompass international facilities for integrated logistics and affiliated industries.

Maritime Reporter March 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ports

JV Wins $2bln Freeport LNG Contract in US

A joint venture (JV) between CB&I, Chiyoda International and Zachry Industrial has won a contract worth over $2bn from FLNG Liquefaction 3 for a liquefied natural

Puerto Rico Readies for Largest Cruise Ships

Thanks to a pier expansion and enhancement, Puerto Rico will welcome the two largest cruise ships in the world, Royal Caribbean International’s Oasis of the Seas and Allure of the Seas, in 2016.

Feds Delay LNG’s Port Ambrose Application

The US Coast Guard and the US Maritime Administration (MARAD) have temporarily suspended their review of the proposed Port Ambrose deep-water LNG import terminal.

Barges

Viking Bags Charter Deal for AHTS Brage Viking

Viking Supply Ships has entered into a contract with an Oil major for the charter of “Brage Viking” commencing 1stof April 2015. The duration is for 2 years and 8 months firm,

Shipping Season Opens on the Mississippi

First tow marks unofficial opening to Mississippi River navigation season   M/V New Dawn arrived at Lock and Dam 2 near Hastings, Minn. Wednesday morning, marking

Plans in Place to Test Intermodal River Transport

The Paducah-McCracken County Riverport Authority and Ingram Barge Company has announced plans to assess the viability of Intermodal River Transportation, utilizing

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Navigation Pipelines Pod Propulsion Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1388 sec (7 req/sec)