Busan, Liverpool2 Ports to Enter Partnership

MarineLink.com
Friday, November 15, 2013
John Whittaker and Lim Ki-track

One of Asia’s largest port authorities has signed a landmark cooperation agreement with the company building a new container terminal at Liverpool in the heart of the U.K.

Peel Ports Group and Busan Port Authority will now work together to hone technical, economical and commercial acumen and increase investment in infrastructure and environmental developments.

Lim Ki-tack, president of Busan Port Authority, travelled to the U.K. to meet Mark Whitworth, CEO of Peel Ports Group, and sign the agreement November 14.

Busan is the fifth largest container port in the world and is considered a global leader in the use of emerging port technologies, in particular port infrastructure and semi-automated port handling equipment.

Peel Ports’ Mark Whitworth said, “Developments in Peel Ports – specifically the Liverpool2 project – mean we will soon be able to welcome direct trade from Asia to the North West of the U.K.

“We already have a longstanding relationship with the Busan Port Authority, which is a world-leader in the port technology sector.

“We hope that the expertise held by Mr. Lim and his team will help us build, in Liverpool2, a terminal which will offer the best of the U.K. to Asian businesses who want a direct route to market in the north of the U.K., Ireland and Scotland.”

When open in 2015, Liverpool2’s eight Megamax ship-to-shore cranes and fleet of semi-automated CRMG yard cranes, allied with the latest Navis N4 terminal operating system, will make it one of the most efficient and modern terminals in Northern Europe.

The port will have the capacity to handle two vessels from Asia, Europe, the Middle East or the Americas simultaneously.

Six delegates from the Busan Port Authority, as well as a representative from the Embassy of the Republic of Korea, were invited to a tour of the Port of Liverpool as part of today’s visit, as well as a discussion on further co-operations between the two parties.

Busan Port Authority president Mr. Lim said, “This opportunity of signing the co-operative MOU between Busan port Authority and Peel Ports Group, will create mutual benefit by sharing information and co-operating in port related activities.”

Topics covered under the memorandum of understanding include infrastructure development, environmental improvements, commercial waterfront development and education.

The port of Busan handles 17 million TEU a year, making it one of Asia’s most significant shipping hubs. Peel Ports’ five major gateways, strategically located around the U.K., handle more than 65 million metric tons of cargo from across the globe every year.

liverpool2.com

peelports.co.uk
 

Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

News

Autonomous Technology for Offshore Wind Farm

ASV Ltd in association with Planet Ocean Ltd, have received funding from the GROW:OffshoreWind initiative to investigate how the use of Autonomous Surface Vehicles

BHP Bullish on Caval Ridge's Prospects

Yesterday BHP Billiton Coal President, Dean Dalla Valle, was joined by the Hon. Tony Abbott MP, Prime Minister of Australia, and joint venture partner Mitsubishi in a ceremony to open the US$3.

India to Develop Iran's Chabahar Port

India will float a company to develop Iran's Chabahar Port, a government statement said on Saturday, as New Delhi aims to take advantage of a thaw in Tehran's relations with world powers.

Logistics

Keppel Logistics Expands in Australia

Keppel Logistics Pte Ltd, a wholly owned subsidiary of Keppel Telecommunications & Transportation Ltd (Keppel T&T), has expanded its logistics capabilities down

Long Beach Officials on Trade Mission in Asia

Meeting with shipping lines to build business for Port of Long Beach Long Beach Mayor Robert Garcia, Harbor Commissioners and senior Harbor Department staff

Maersk to Bump Asia-Europe Rates

Container shipping company Maersk Line, a unit of Danish conglomerate A.P. Moller-Maersk , plans to raise freight rates sharply on main routes from ports in Asia to ports in northern Europe,

 
 
Maritime Contracts Maritime Security Maritime Standards Navigation Offshore Oil Port Authority Salvage Ship Electronics Ship Repair Sonar
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: 0.1893 sec (5 req/sec)