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

Ports

Canaveral Tops State List for Sand Bypass Funding

The Canaveral Harbor Inlet Sand Bypass Project has earned the top state ranking for 2014/15 inlet management funding. As a result, Port Canaveral is expected to receive $100,

Rotterdam port's throughput almost stable

The Port of Rotterdam’s throughput in the first quarter of 2014, at 109 million tonnes, was 0.2% below the level for the corresponding period last year.Split up by goods type,

CMA CGM Strengthens Madagascar Presence

Since the creation of CMA CGM Madagascar in 2003, container shipping company CMA CGM Group has continued to develop on the island to move closer to its valued customers

News

Canaveral Tops State List for Sand Bypass Funding

The Canaveral Harbor Inlet Sand Bypass Project has earned the top state ranking for 2014/15 inlet management funding. As a result, Port Canaveral is expected to receive $100,

Rotterdam port's throughput almost stable

The Port of Rotterdam’s throughput in the first quarter of 2014, at 109 million tonnes, was 0.2% below the level for the corresponding period last year.Split up by goods type,

PetroVietNam Gas's Q1 gross profit falls 27.5%

PetroVietNam Gas's first-quarter gross profit fell 27.5 percent to 3.9 trillion dong ($185 million) from a year earlier, the Lao Dong (Labour) newspaper reported.

Logistics

Among 2014's Most Powerful & Influential Women: Karen Jones

Commercial transportation and supply chain management firm Ryder System Inc. say that their Chief Marketing Officer, Karen Jones, was named one of 2014’s Most Powerful

Inchcape Shipping Services Opens in Venezuela

Inchcape Shipping Services (ISS), the world’s leading maritime services provider, has expanded its network in Central and South America with the opening of ISS Venezuela in Puerto La Cruz,

Blackstone Unlikely to Enter Commodities Trade

Blackstone exec doesn't expect move into commodities in near term Blackstone Group LP is unlikely to make a foray into commodity trading in the short term as

 
 
Maritime Contracts Maritime Security Naval Architecture Pod Propulsion Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar Winch
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: 0.0904 sec (11 req/sec)