BUSAN, May 3 (Korea Bizwire) — Shipping companies using the Busan Port are handing over containers in poor condition to truck drivers for cleaning or repair without proper payment, incurring losses of billions of won each year. Last November, the Busan Port Authority conducted examinations of 9,278 empty containers withdrawn from three terminals at Busan [...]
BUSAN, Mar. 14 (Korea Bizwire) — The Busan Port Authority (BPA) is planning to develop a port security system that utilizes blockchain, artificial intelligence, and Internet of Things technology. The BPA announced on Wednesday that it had been chosen by the Ministry of Science and ICT for its new research and development (R&D) project to [...]
SEOUL, Jan. 28 (Korea Bizwire) — South Korean shipping line Hyundai Merchant Marine Co. secured a 50 percent stake in a Busan terminal for a joint ownership with Singapore-based PSA International, the ocean ministry said Monday. The Ministry of Oceans and Fisheries said Hyundai bought back the stake of the Hyundai Pusan New-Port Terminal (HPNT), [...]
BUSAN, Dec. 26 (Korea Bizwire) — A new investigation has confirmed that there is a serious problem with empty shipping containers arriving at the Port of Busan, which are often found to be in poor condition, doubling the workload for truck drivers, who are responsible for transporting them but also cleaning or repairing them. The [...]
BUSAN, Sept. 5 (Korea Bizwire) — Empty freight containers shipped to the Port of Busan were in such poor condition that trailer truck drivers were found to take on cleaning and repair duties to maintain the containers. According to an audit that was carried out by the Busan Port Authority, the Busan Regional Office of [...]
BUSAN, March 16 (Korea Bizwire) – Busan Port, South Korea’s maritime gateway, will modernize its network infrastructure to efficiently handle cargo traffic and improve safety, the oceans ministry said Friday. The Ministry of Oceans and Fisheries said it will use the Internet of Things (IoT) technology to upgrade the southeastern port’s cargo management system in [...]
BUSAN, Jan. 16 (Korea Bizwire) – A “color of the year” cruise party will leave Busan for Tokyo on April 18 for a four-day voyage, the first such event to be held in South Korea. The Busan Metropolitan Government and marketing firm Salt&Partners announced on January 16 that the trip, titled “CPP Cruise 2018 Busan”, [...]
BUSAN, May 23 (Korea Bizwire) – Container cargo handled at South Korea’s biggest port of Busan has edged up over the past eight months despite the demise of Hanjin Shipping Co., once the country’s No. 1 shipping firm, data showed Tuesday. Container cargo processed at the southeastern port came to 13.05 million twenty-foot-equivalent units (TEUs) [...]
BUSAN, May 16 (Korea Bizwire) – The Busan Port Authority has announced plans to build an integrated data center in preparation for the fourth industrial revolution, a facility that will make the port of Busan more competitive with the help of logistics data analysis. According to the new proposal revealed yesterday, the new data center [...]