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Port Logistics

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Port Logistics photo

Busan Port

Current status and overview of geographical conditions

Situated at the southeastern tip of the Korean peninsula, Busan Port (north latitude 35° 04′ 42", east longitude 129° 01′ 01"), serves as a major gateway connecting the Pacific Ocean and Eurasian continents. It is the primary port in Korea and the world's 5th largest container port (as of 2013). Busan Port benefits from optimal conditions that make it a world-class port, such as the shelter provided by surrounding mountains and islets, its relatively narrow tidal range and its ideal location adjacent to 3 major arterial sea routes.

Port facilities: capacity & development progress

Busan Port was opened in 1407 as Busan-po. Since the initial construction of a wharf in 1906, the port has gone through continuous development. It has now been transformed into a modern port with an international passenger ferry terminal and 9 container terminals at 4 locations: Buk-hang (the North Port), Nam-hang (the South Port), Gamcheon-hang (Gamcheon Port) and Dadaepo-hang (Dadaepo Port)

Busan Port currently has 30.7 kilometers of quay walls which can accommodate up to 201 vessels, and loading and unloading capacity for over 300 million tons of cargo each year. As the volume of the cargo containers passing through Busan Port steadily increases each year, the city is now working on a project to build Busan New Port, capable of berthing a total of 45 vessels (40 container berths and 5 multi-purpose berths) simultaneously and an annual handling capacity of 23million TEU. The city plans to complete the Busan New Port by 2020. Busan New Port now has a total of 22 berths.

Busan New Port Construction Project

  • Location: Around Gadeokdo Island, Gangseo-gu, Busan Metropolitan City / Yongwon-dong & Angol-dong, Jinhae City / Woongdong-man / Jaedeok-man area
  • Project: 40-berth container terminal
  • Project period: 1995 - 2020
  • Project expenses: 16.7055 trillion won
Bird's-eye view of Busan New Port
Bird's-eye view of Busan New Port photo
Current Status of Container Piers in Busan
Current Status of Container Piers in Busan
  Jaseongdae Shinseondae Gamman Shin-Gamman Uam dock
Total space (1,000㎡) 624 1,170 727 294 182
CY space (1,000㎡) 335 804 384 153 156
Quay wall length (m) 1,447 1,500 1,400 826 500
Berthing capacity 50,000ton × 4 10,000ton × 1 50,000ton ×5 50,000ton × 4 50,000ton × 2 5,000ton × 1 20,000ton ×1 5,000ton × 2
Cargo-working capacity (1,000TEU) 1,722 2,236 1,600 819 300
Front Depth of Water (m) 15 15~16 15 15 11
Year Opened 1978.9 1991.6 1998.4 2002.4 1996.9
Managing company Korea Huchson Terminal Co., Ltd. KBCT BICT, BGCT Dongbu Busan Co., Ltd. -
Current Status of Container Piers in Busan
  Busan New Port Pier 1 Busan New Port Pier 2 Busan New Port Pier 3 Busan New Port Pier 4 Busan New Port Pier 5
Total space (1,000㎡) 840 1,210 688 553 785
CY space (1,000㎡) 282 525 346 213 154
Quay wall length (m) 1,200 2,000 1,100 1,150 1,400
Berthing capacity 50,000ton × 3 50,000ton × 6 50,000ton × 6
20,000ton × 2
50,000ton × 2
20,000ton × 2
50,000ton × 4
Cargo-working capacity
(1,000TEU)
2,091 3,677 2,310 1,936 2,440
Front Depth of Water (m) 16 16~17 18 16~17 17
Year Opened 2010.3 2006.1 2009.2 2010.2 2012.1
Managing company PNIT PNC Hanjin New Port Company Terminal (HJNC) Hyundai Pusan New-Port Terminal Co., Ltd. BNCT Inc.
Busan port container throughput statistics

(1,000TEU)

Busan port container throughput statistics

Section

2012 2013 2014 2015 2016 2017
Import 4,381 4,424 4,589 4,714 4,801 5,040
Export 4,426 4,509 4,649 4,650 4,819 5,138
Transshipment 8,148 8,748 9,429 10,105 9,836 10,213
Coastal 90 4 - - - 82
Total 17,046 17,686 18,683 19,469 19,456 20,473
Increase rate 10.8% 7.4% 7.8% 7.2% △2.7% 3.80%
Transshipment rate 47.8% 49.5% 50.5% 51.9% 50.6% 49.9%
Container Throughput of Other Major World Ports

(1,000TEU)

Major world ports container throughput
Rank Port Name In 2016 In 2017 % increase from 2016
1 Shanghai 37,133 40,300 8.5
2 Singapore 30,904 33,666 8.9
3 Shenzhen 23,997 26,000 7.3
4 Ningbo 21,560 25,970 20.4
5 Hong Kong 19,579 20,750 4.8
6 Busan 19,456 20,473 5.2