The Korean government has revealed plans to add a further 15 berths to its flagship Busan New Port in the south of the country to increase container capacity by 15.8 million TEU.
The new facilities will be a mix of container terminals, feeder terminals and multi-purpose terminals and work will begin in stages based on actual cargo demand and under the coordination of central government, the Busan Port Authority said in a statement.
Besides new berths, BPA President Kim Li-tack added that alongside the creation of 15 new berths the port plans to develop an LNG bunkering facility by 2018.
Development began at Busan New Port in 1994 and today it operates 22 berths with an additional eight currently under construction.
“Our aim is to continually develop the port and pre-empt the rapidly evolving maritime transport industry,” he added.
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Image: Busan Port Authority