MARITIME CLUSTER NETWORKING
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BPA (Busan Port Authority) Mac-Net Member
Logistics hub in Northeast Asia
Established as Korea's first public corporation engaged in port business in 2004, Busan Port Authority (BPA) has been making a concerted effort to place Busan Port in the ranks of the world's most prestigious and remarkable ports. As the 6th largest container port in the world by volume handled and largest transshipment port in Northeast Asia, Busan Port is located at the heart of main shipping routes and handles more than 18 million TEUs per year. It also connects with 500 ports in 100 countries.
In 2014, Busan Port handled a total of 18.68 million TEU, of which transshipment and trade cargoes accounted for 9.42 million TEU and 9.25 million TEU, respectively. 2014 was the first year the amount of transshipment cargo exceeded export and import cargo for the first time in Busan Port. In 2015, BPA has set an ambitious goal to open a new era and evolve into one of the best container ports by handling over 10 million TEU and achieving added value of KRW 1.2 trillion in transshipment for the first time since the opening of Busan Port
To maintain its status as a global hub port, BPA will not only overcome the challenge environment but also share higher value with its stakeholders by continuously carrying out innovation.
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