As part of Busan’s larger effort to shore up its transshipment business amid fierce competition, the Korean government has announced plans to demolish an island to allow it to better handle mega-ships.
Port of Busan
Port of Busan
07 Jun 2015
Pyeongtaek-Dangjin has a thriving automotive trade and aims to knock Busan out as South Korea’s busiest gateway for vehicle volume.
09 May 2015
South Korea's Busan port is consolidating its position as northeastern Asia’s transshipment hub.
02 May 2015
A deeper channel and additional berths will help South Korea's Busan Port Authority keep up with rising container volumes and bigger box ships.
08 Apr 2015
The Port of Busan is a step closer to reaching its goal of 20 million TEUs this year after handling a monthly record number of transshipment volume in February.
17 Mar 2015
Three carrier alliances are launching Asia-U.S. East Coast services that will increase capacity on the route by 6 percent, according to industry analyst Alphaliner.
27 Feb 2015
The Port of Busan plans to handle 20 million TEUs this year after posting record volume in 2014, mainly because of healthy transshipment traffic.
12 Dec 2014
The container throughput counter at Ningbo-Zhoushan port clicked over to 20 million TEUs at midnight last night, effectively sealing its place as the world’s fifth busiest container port and relegating Korea’s transshipment hub Busan to sixth place.
23 Oct 2014
Ningbo-Zhoushan, the fastest growing major Chinese container port, is on track to supplant Busan as the fifth-largest global container gateway, according to new statistics
29 Sep 2014
Busan Port handled 1.5 million 20-foot containers in August, its throughput growing 5.5 percent year-over-year on the back of strong transhipment volumes.
10 Aug 2014
Asia’s ports reported strengthening of container throughput in the first half as the economic recovery of the U.S. and Europe drove up consumer spending and new export orders flooded into Chinese factories.