Busan Port Authority Presents Appreciation Plaques to Shipping Companies Contributing to Busan Port Development in 2023

Expressing Gratitude to Shipping Companies Contributing to the Increase and Development of Busan Port Cargo Volume

Busan Port Authority (BPA, President Kang Jun-seok) held an appreciation plaque awarding ceremony on the 25th at its headquarters in Jungang-dong to express gratitude to domestic and international shipping companies that contributed to the development of Busan Port last year.

Busan Port Development Contribution Shipping Company Appreciation Plaque Award Ceremony.

The awarded shipping companies are MSC, ONE, Korea Marine Transport, Heung-A Line, and Hapag-Lloyd.

MSC, which recorded the largest cargo volume among single shipping companies, handled 3.45 million TEU, an increase of 720,000 TEU compared to 2022, greatly contributing to the overall increase in cargo volume at Busan Port. Additionally, it handled 2.77 million TEU of transshipment cargo, marking the highest transshipment cargo handling record for a single shipping company for three consecutive years.

ONE (Ocean Network Express) handled the largest export and import cargo volume among shipping companies calling at Busan Port last year, with 1.03 million TEU.

Among domestic shipping companies, Korea Marine Transport recorded the highest total cargo volume and transshipment cargo volume, while Heung-A Line showed the largest increase in cargo volume.

Hapag-Lloyd significantly contributed to reducing ship emissions and Busan Port’s decarbonization policy by greatly increasing the number of vessels complying with slow steaming.

BPA President Kang Jun-seok said, “Despite difficult conditions such as the slowdown in global trade growth and supply chain disruptions, Busan Port was able to record the highest cargo volume ever thanks to the joint efforts of shipping companies using Busan Port and terminal operators. Going forward, BPA will continue to work closely with shipping companies and terminal operators to strengthen Busan Port’s competitiveness and ensure stable port operations.”