SEOUL, Dec. 11 (Korea Bizwire) — South Korea’s oceans ministry said Wednesday the government will invest 14 trillion won (US$9.75 billion) through 2045 to upgrade Busan Port, aiming to achieve the world’s largest container handling capacity and establish it as the leading logistics hub in the region. Under the plan, South Korea will construct a [...]
SEOUL, Oct. 28 (Korea Bizwire) — The oceans ministry said Monday it has signed an agreement with local port authorities to beef up anti-drone capabilities at local ports amid growing security concerns posed by unauthorized drones. Under the agreement, South Korea plans to operate anti-drone systems at ports in Busan, Incheon and Ulsan by next [...]
SEOUL, June 23 (Korea Bizwire) — The government has earmarked 27.4 billion won (US$24.1 million) to establish a smart management system for port infrastructure, aimed at improving the efficiency in operation and management of such facilities. The Ministry of Oceans and Fisheries plans to measure the state of port facilities on a real time basis [...]
INCHEON, April 7 (Korea Bizwire) — An offshore solar power generation facility has been established to supply electric power to ships calling at the Port of Incheon. The Incheon Port Authority said Tuesday that it had spent a total of 2.8 billion won (US$2.5 million) to complete the eco-friendly power supply network project, and the [...]
SEJONG, March 26 (Korea Bizwire) — The government plans to set up marine parks and trails at a selection of ten ports across the country by 2027. The Ministry of Oceans and Fisheries announced on Thursday that it will establish the port space renovation plan through an outsourcing contract worth 996 million won (US$879,000) by [...]
BUSAN, March 25 (Korea Bizwire) — Providing incentives to vessels that enter the Port of Busan at low speeds is leading to better air quality. The Busan Port Authority reported Wednesday that the incentive program has led to a 26.2 percent drop in air pollutant emissions. The program offers discounts to ships that enter and [...]
SEOUL, April 1 (Korea Bizwire) — South Korea has developed a new port surveillance system with indigenous technologies that can better detect increasingly quiet submarines and other underwater moving objects, the arms procurement agency said Wednesday. The advanced maritime surveillance system, developed by the Agency for Defense Development with a 130 billio- won (US$106.6 million) [...]
BUSAN, May 1 (Korea Bizwire) — An investigation led by the Busan Port Authority (BPA) has revealed that foreign species are flowing into the Busan Port via empty containers shipped from overseas. The BPA conducted a one-month examination of 5,458 empty foreign containers carried out of the port last November. The investigation found live maggots, [...]
ULSAN, Jan. 18 (Korea Bizwire) — The city of Ulsan plans to launch a pilot project to load shipments onto cargo vessels docked at the city’s port using drones. The project will involve constructing a mobile drone terminal at the Port of Ulsan to quickly load shipments onto vessels using drones. The city plans to [...]
SEOUL, Jan. 9 (Korea Bizwire) — In line with the global trend towards harbor automation, the South Korean government has announced its intention to establish an automated foundation by 2025, and complete a smart maritime logistic system by 2030. With the automatic system, time spent loading and unloading a typical large container ship is expected [...]