-0.1 C
Sunday, December 4, 2022
Home Most Visited Busan to get more container storage as US West Coast congestion spills...

Busan to get more container storage as US West Coast congestion spills over

Busan is becoming increasingly congested and the lack of storage space for export-bound containers in South Korea’s main container port has made officials create temporary storage from the hinterland of the West Container Port in Busan New Port.

Outbound containers are usually moved into yards in the port to await loading. However, worsening congestion in the US West Coast ports has disrupted shipping schedules and high volumes of transhipped cargoes from China have meant a relentless arrival of outbound containers.

On 10 October, Busan Regional Office of Oceans and Fisheries and Busan Port Authority announced that a 40,000m² area in Busan New Port’s West Container Port will be designated as a temporary holding area for outbound boxes.

Recognising that the supply chain disruption will persist for some time, Busan Regional Office of Oceans and Fisheries and Busan Port Authority are considering developing a 40,000m² in the Ungdong hinterland of Busan New Port into a permanent cargo container storage facility.

The authorities observed that at all terminals in Busan New Port, the installation rate, which indicates the degree to which containers are piled up in the yard, is approaching 100%, and the period for allowing outbound containers to be brought in is gradually getting shorter.

Until last year, outbound containers were allowed into the yard up to 10 days before the arrival of ships.

However, as these containers continued to accumulate, at the beginning of this year, terminal operators began gradually narrowing the cut-off time.

A spokesperson for HMM, which has a 50% stake in HMM PSA New-port Terminal, one of Busan New Port's terminals, told Container News that due to the container pile-up, at present, all terminals in the port are receiving outbound laden containers three days before the ships arrive.

Martina Li
Asia Correspondent

Latest Posts

Seafarers saved after cargo ship sinks in rough weather

Thirteen seafarers were rescued after they jumped into the sea on the afternoon of 30 November, after a 2008-built general cargo ship, Yu Sheng...

Alphaliner forecasts profit shocks for carriers in fourth quarter

After riding a windfall of profits over the past few quarters, container carriers are heading towards a steep fall in earnings in the fourth...

Port of Valencia approves new container terminal project

The board of directors of the Port Authority of Valencia (PAV) has approved the construction Project for the container quay of the north extension...

Nokia to deploy private wireless network at major container terminal in Chile

Nokia announced that it will deploy the first industrial-grade long-term evolution (LTE) private network in a port terminal in Chile, at San Antonio Terminal...

Box carriers improve schedule reliability score

According to the analysis by Sea-Intelligence, global schedule reliability of container carriers improved by 6.6% month-to-month in October 2022, reaching 52%. The average delay for...