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 Today

The Maritime Industry's original and most viewed E-News Service

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


DP World, SCA Pact for Ain Sokhna Port Development

Suez Canal Authority (SCA) and the Red Sea Ports Authority signed an agreement with Dubai Ports World (DP World) and Sonker Bunkering Company for the development of Egypt’s Ain Sokhna seaport,

SCCT Prepares to Boost Vessel Traffic with 24-hour Access

A formal signing ceremony will now enable vessels to transit to Port Said East through a new side channel to be constructed bypassing the Suez Canal’s main entrance.

Controversial Nicaragua Canal Project Postponed

China's Hong Kong Nicaragua Development (HKND) Co. said it is delaying the start of construction on a controversial $50 billion inter-ocean canal across Nicaragua until late 2016.


McAllister Towing – 150 Years of Family Business

“Early in 1864, a young man names James McAllister stood on board a sailing vessel where he served as a mate. The boat was about to set sail from the Red Bay of

Lightering Operations Begin for Sunken Lake Barge

Lightering operations has begunn for the  tanker barge Argo sunken in Lake Erie as Unified Command responders took advantage of a favorable weather window, the U.

Helm Announces Maintenance & Compliance Release

In line with the Subchapter M waterways rules which are due to come into effect in 2016, Helm Operations will introduce the full capability of it’s latest Maintenance and Compliance solution,

Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Navigation Port Authority Ship Electronics Ship Repair Ship Simulators Sonar
rss | archive | history | articles | privacy | 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: 0.0866 sec (12 req/sec)