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Port of Busan
Port of Busan
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Part of port of Busan container terminal and the Naval base Oryuk-Do

Key Information

The port of Busan is the largest port in South Korea, located in the city of Busan, South Korea. Its location is known as Busan Harbour.[a]

The port is ranked sixth in the world's container throughput and is the largest seaport in South Korea. The port is operated by the Busan Port Authority, which was founded in 2004 as a public company. In 2019, around 22 million TEU were handled at 10 container terminals in Busan.[3]

History

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The port of Busan was established in 1876 as a small port with strict trading between Korea, China and Japan.[4] It is situated at the mouth of the Nakdong River (낙동강) facing the Tsushima Island of Japan. During the Korean War (1950-1953), Busan was among the few places North Korea did not invade, causing war refugees to flee to the city of Busan. At that time Busan's port was crucial to receive war materials and aid, such as fabrics and processed foods to keep the economy stable. In the 1970s, a rise in the footwear and veneer industries caused factory workers to migrate to Busan, bringing Busan's population from 1.8 million to 3 million.

The port of Busan continued to grow and by 2003 the port was the fourth largest container port in the world.[5] South Korea accounted for 0.7% of global trade in 1970, but by 2003 it went up to 2.5%. 50% of the Busan's manufacturing jobs are related to exports, and 83% of the country's exports are containerised, making Busan the country's largest container and general cargo port. Compared to the port of Busan, Inchon port handles only 7% of containers. Easy access to the port of Busan between Japan, Singapore, and Hong Kong contribute to its vast growth.

Currently the port of Busan is the fifth busiest container port in the world and the tenth busiest port in North-east Asia.[6] It is developed, managed, and operated by the Busan Port Authority (BPA) established in 2004. Today the port of Busan consists of four ports- North Port, South Port, Gamcheon Port, and Dadaepo Port, an International Passenger Terminal and the Gamman container terminal. The North Port provides passenger handling facilities and cargo, and with Gamcheon Port's help more cargo volumes can be handled (Ship Technology). The South Port is home to the Busan Cooperative Fish Market which is the largest fishing base in Korea, and it handles 30% of the total marine volume. The Dadaepo Port located west of the Busan Port, mainly handles coastal catches.

In 2007 the Busan Port handled cargo containing fertilisers, meat, scrap metal, petroleum and other gases, crude petroleum, coal, leather, fats and oils, iron ore, rough wood, natural sand, milling industry products, grains and sugar. In 2016, South Korea exported a total of $515B and imported $398B. Top exports of South Korea are integrated circuits, cars, refined petroleum, passenger and cargo ships, and vehicle parts. South Korea exports the most to China, the United States, Vietnam, Hong Kong, and Japan. Imports to South Korea mainly come from China, Japan, the United States, Germany, and other Asian countries.[7] In 2017 Busan processed more than 20 million TEU, twenty-foot equivalents (a measure used to estimate the capacity of container ships).[8]

The port is part of the Maritime Silk Road that runs from the Chinese coast towards the southern tip of India to Mombasa, from there through the Suez Canal to the Mediterranean and there to the Upper Adriatic region of Trieste with its rail connections to Central and Eastern Europe.[9][10][11][12]

The current traffic volumes and urban population categorise Busan as a Large-Port Metropolis, using the Southampton system of port-city classification.[13]

Port Statistics

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Busan Port Container Throughput [1]
Year Container Throughput (TEU)
2010
14,194,240
2011
16,184,599
2012
17,046,177
2013
17,686,099
2014
18,683,283
2015
19,468,725
2016
19,456,291
2017
20,493,475
2018
21,662,572
2019
21,992,000
2020
21,823,995
2021
22,710,000

Incidents

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In 2021, a big cargo ship hit a number of cranes as it was parking. There were no injuries or deaths.[14]

Sister ports

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The Port of Busan also has 6 sister ports (listed in order of dates).[15]

References

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Notes

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Revisions and contributorsEdit on WikipediaRead on Wikipedia
from Grokipedia
The Port of Busan is South Korea's largest and busiest seaport, serving as a critical gateway for and a major transshipment hub in , located on the southeastern tip of the Korean Peninsula in the city of . It handled 24.4 million twenty-foot equivalent units (TEUs) of containers in 2024, securing its position as the seventh-busiest globally according to rankings. As the nation's primary port, it manages approximately 80% of South Korea's container traffic and facilitates connections to over 500 ports in 150 countries worldwide, underscoring its role in the country's export-driven economy. The port's history dates back to the as a regional trading center, evolving into a modern facility with the opening of Korean ports in 1876, which positioned as a key entry point for commerce with and . Pier 1, constructed in 1912, marked a significant milestone in its development as a conduit for exporting Korean goods and importing Western products and ideas. During the (1950–1953), the port became an essential rear base for forces, handling the influx of military supplies, refugees—including the historic —and , while employing around 20,000 laborers. The Port Authority (BPA) was established in January 2004 to oversee its management, expansion, and transformation into a global shipping and powerhouse. Today, Busan Port spans multiple districts, including the historic North Port, the Gamman facilities, and the state-of-the-art New Port, which features fully automated container terminals like the West Container Terminal (phases 2–5) designed for energy efficiency and . It ranks as the world's second-largest port after , with transshipped cargo accounting for about 55% of its total volume—reaching 13.5 million TEUs in 2024—and supports advanced through distriparks covering 8.46 million square meters. The port also accommodates international passenger and cruise traffic via dedicated terminals, while ongoing projects, such as a $10 billion redevelopment of the North Port into a megaport and for , aim to enhance its competitiveness amid global demands.

Geography and Location

Site and Access

The Port of Busan is situated at the southeastern tip of the Korean Peninsula, at the mouth of the , with geographic coordinates of 35°04′42″N 129°01′01″E. This location provides natural advantages as a deep-water harbor, with channel depths reaching 17 to 18 meters, enabling berthing for large vessels up to 19,000 TEU capacity without extensive requirements. The harbor is well-sheltered by surrounding mountains, islets, and Island to the south, along with a narrow of approximately 1.3 meters, which minimizes navigational challenges and supports year-round operations. The port's position adjacent to key East Asian sea lanes via the offers efficient maritime access, with sailing distances to major hubs like measuring about 450 nautical miles and typical transit times of 20 to 24 hours for vessels. Domestically, it integrates seamlessly with the national transport network through the railway, which connects to and other inland regions, and major highways including the , ensuring rapid distribution of cargo across . Designated under UN/LOCODE as KRPUS, the Port of Busan serves as South Korea's principal maritime gateway, facilitating the majority of the country's exports and imports while acting as a critical hub linking the to the Eurasian continent.

Harbor Layout

The Port of Busan is divided into several distinct zones, including the older North Port located in the central area of the city, the Gamcheon Port, the Dadaepo Port, and the modern New Port situated on Gadeokdo Island, which has been under development since 2006. The North Port serves primarily as a hub for bulk and general handling, along with services, while the New Port is specialized for operations, accommodating mega-container ships through its advanced infrastructure. Gamman Pier, integrated within the North Port, supports additional and activities, contributing to the port's versatile zoning. The harbor features a total quay wall length of 40.1 kilometers, enabling simultaneous berthing for up to 135 vessels across its zones. Water depths vary by area, ranging from 11 meters in shallower sections like Uam to 18 meters in the New Port's deeper berths, allowing access for large vessels including those up to 20,000 TEU capacity. The New Port incorporates automated systems, such as remote-controlled ship-to-shore cranes and high-bay storage, marking South Korea's first fully automated terminal operational since 2024. The overall port area encompasses approximately 1,200 hectares, with the New Port alone covering around 11 square kilometers dedicated to container yards and support facilities. Navigation into the harbor is facilitated by protective breakwaters, including natural formations from nearby islands like Yeongdo and Jodo, which shelter the entrance, along with designated approach channels maintaining depths of 15 to 17 meters in key areas. Pilotage is compulsory for all vessels, with pilots boarding outside the breakwaters to guide safe entry, ensuring efficient in this high-volume facility that processed 24.4 million TEU in recent years.

History

Origins and Early Development

The Port of Busan traces its origins to the 15th century during the Dynasty (1392–1910), when it functioned as a vital trading hub for coastal and regional exchange, particularly facilitating commerce and diplomacy with due to its strategic southeastern location on the Korean Peninsula. As the closest major port to , Busan hosted Japanese trading posts known as Waegwan, established as early as 1407 under the name Busanpo, where goods like and textiles were exchanged in limited volumes through rudimentary facilities. This pre-modern role positioned Busan as a gateway for 's interactions with East Asian neighbors, emphasizing regional maritime trade over large-scale international operations. The port's transformation into a modern international facility began with its official opening on 27 February 1876, marking it as Korea's first such port under the provisions of the (also called the Treaty of Ganghwa), an unequal agreement that ended Joseon's isolationist policies and initially restricted trade to alone. The treaty, signed amid Japanese naval pressure, designated as one of three open ports (alongside future openings at in 1880 and in 1883), allowing Japanese merchants extraterritorial rights and focusing early activities on exporting Korean and importing Japanese manufactured goods like textiles. Initial infrastructure was modest, comprising small-scale wharves and piers capable of handling shallow-draft vessels for bulk commodities, with trade volumes remaining limited to support local and bilateral exchanges rather than global commerce. Under Japanese occupation from 1910 to 1945, following Korea's , the port underwent significant expansion to serve colonial economic interests, including the development of additional piers and facilities for exporting raw materials like and minerals to . Major infrastructure projects initiated in 1911 modernized the harbor, increasing capacity for cargo handling and integrating into Japan's imperial supply chains, though operations prioritized colonial exports over Korean domestic needs. By the 1940s, general cargo piers had been constructed, enhancing efficiency for wartime . In the early 20th century, amid regional conflicts such as the (1904–1905), emerged as a critical supply and logistical point for Japanese forces, handling military shipments and reinforcements that underscored its growing strategic value and foreshadowed its role in larger-scale wartime operations. This period solidified the port's infrastructure for handling increased traffic, transitioning it from a modest outpost to a key node in East Asian .

Post-War Growth and Modernization

During the (1950–1953), the Port of Busan served as the primary supply base for forces, functioning as the main gateway for military personnel, equipment, and humanitarian aid entering . Pier 1, in particular, handled the arrival of U.N. soldiers, displaced Koreans, and the majority of war assistance supplies, supporting the defense of the Pusan Perimeter and sustaining the provisional government's operations. This influx of refugees and economic activity spurred rapid population growth in , transforming it from a regional hub into a bustling wartime capital with lasting demographic impacts. Following the in 1953, gained greater autonomy when it was designated a directly governed city in 1963, separating from and enabling focused local over and urban development. This status facilitated rapid industrialization in the , as the city attracted heavy industries including and , driven by national economic plans that positioned as a key industrial center. Shipyards and factories proliferated, leveraging the 's strategic location to goods and raw materials, which further integrated the into South Korea's -oriented . The marked a containerization boom at the port, with expansions in feeder networks to Japanese and Chinese ports enabling Busan to capture transshipment cargo and handle increasing volumes of standardized containers. Institutional reforms continued with the formation of the (BPA) in 2004, a public corporation tasked with unified management, development, and operation of port facilities to enhance efficiency and competitiveness. The for Busan New Port in 2006 initiated a major expansion, with the first phase completing 23 berths by the early 2020s and accommodating larger vessels with depths up to 18 meters in some areas; by 2024, 26 berths were operational. In the , the port pursued initiatives, including for terminal operations and integration, to streamline handling and reduce costs. These upgrades, combined with strategic investments, solidified Busan's role as a leading hub in , connecting major trunk routes with extensive feeder services to regional ports. In December 2024, the South Korean government announced a 14 trillion won ($10 billion) investment plan through 2045 to further upgrade Port, including the completion of remaining New Port phases and the development of Jinhae New Port with nine initial berths, aiming to position it as the world's third-largest by container handling capacity.

Facilities and Operations

Container and Cargo Terminals

The Port of Busan features a network of specialized container and cargo terminals primarily divided into the North Port, Gamman area, and the expansive New Port, designed to handle high-volume freight operations with a focus on efficiency and scalability. The North Port is undergoing redevelopment as of 2025, with key container operations, including those previously at Jaseongdae Pier, relocating to the New Gamman Terminal; it supports berthing for vessels up to 50,000 tons across multiple berths. In the Gamman area, the Newport Container Terminal (BNCT) operates as a major hub with a capacity of 2.5 million TEUs annually, featuring four berths capable of accommodating 50,000-ton vessels and a quay length of 1,400 meters at a depth of 17 meters. BNCT emphasizes advanced , including vertical automated stacking systems that enhance throughput for cargo. Adjacent facilities support additional capacity, focusing on regional feeder services. The New Port represents the port's most modern infrastructure, boasting a total quay length of 21 kilometers designed for ultra-large vessels up to 24,000 TEUs, with ongoing expansions to include additional berths, including plans for 15 more to reach 15.8 million TEUs capacity. Key operators here include the Pusan Newport International Terminal (PNIT), managed by a consortium including , with a 1.2 km quay, three berths, and a capacity of 2.6 million TEUs, supported by 12 quay cranes and automated guided vehicles (AGVs) for yard transport. The HMM PSA New-Port Terminal (HPNT), a between HMM and , features a 1.15 km quay, 12 quay cranes, and a designed capacity of 3.5 million TEUs, incorporating remote-controlled unmanned yard cranes and tandem lifting capabilities for 40-foot containers. Other New Port facilities, such as the Pusan Newport Corporation (PNC) terminal with 5.25 million TEU capacity across six berths, further bolster operations with state-of-the-art equipment like electric-powered stacking cranes. Recent additions include the fully automated West Container Terminal (operational March 2024) and (BCT, since 2022). Plans for the adjacent Jinhae New Port aim to add 66 berths by 2045. Overall, the port's 43 berths across these terminals are equipped with over 100 quay cranes, including automated and tandem models, alongside AGVs and rail-mounted gantry cranes in the New Port for seamless movement. Cargo handling prioritizes , which constitute about 91% of throughput, alongside bulk commodities such as and , and roll-on/roll-off (Ro-Ro) vehicles, with a combined annual capacity exceeding 300 million tons. This setup enables efficient processing of diverse freight, from standard dry to specialized bulk and vehicular loads, while integrating automated systems to minimize turnaround times.

Passenger and Support Facilities

The Busan Port International Passenger Terminal, located in the North Port area, opened on August 31, 2015, as Asia's largest dedicated facility of its kind, spanning 93,932 square meters across six floors. Designed with an emphasis on user convenience and , the terminal incorporates eco-friendly elements such as lighting optimization and energy-efficient systems to minimize environmental impact, while providing modern amenities including baggage check-in counters, arrival and departure gates, duty-free shops, conference spaces, and dining options. In 2024-2025, the terminal supported recovery in passenger traffic, with over 200,000 cruise visitors expected in 2025 across 165 voyages, and facilities capable of accommodating up to five large cruise ships or combinations of smaller vessels simultaneously. Ferry services from the terminal connect to key destinations in , including the island of Tsushima, facilitating short-haul travel for and . Operators such as Panstar Line and Dae-A Express Shipping run daily routes using high-speed vessels with capacities exceeding 400 passengers each, such as the Tsushima Link (425 passengers) and Nina (440 passengers), which have resumed full operations post-COVID-19 restrictions; the Tsushima route handled 329,094 passengers as of August 2025, projecting approximately 400,000-500,000 annually. Support infrastructure at Busan Port includes inland container depots (ICDs) in the hinterland areas, such as those integrated with the Busan New Port, which facilitate efficient storage and transfer of goods away from the waterfront to reduce congestion. Cold storage facilities, vital for perishable imports and exports, are prominent in areas like Gamcheon Port, with operators like Dongwon Cold Storage providing facilities for rapid processing of seafood and frozen goods within minutes of vessel arrival. Rail connections via the Busan New Port Railway enhance , linking the port directly to national networks and supporting container movements as part of the overall terminal operations that handle millions of TEUs annually. These elements complement cargo terminals by enabling seamless passenger and freight integration at shared access points. North Port redevelopment Phase 1 includes a 26,000 m² cultural park opened in December 2024, enhancing support amenities. Logistics hubs within the port ecosystem feature free trade zones, notably the Busan-Jinhae Free Economic Zone, which spans multiple districts and offers tax incentives, streamlined , and integrated distribution centers to attract international manufacturing and firms. These zones, located near key terminals, include multimodal centers for warehousing and value-added services, positioning Busan as a Northeast Asian gateway with direct ties to the port's passenger and cargo flows.

Economic and Statistical Overview

Throughput and Performance Metrics

In 2024, the Port of Busan achieved a record container throughput of 24.4 million twenty-foot equivalent units (TEU), reflecting a 5.4% year-on-year increase and securing its position as the seventh-busiest globally. activity, a core strength of the port, reached 13.5 million TEU during the same period, marking an 8.7% rise and underscoring its role as a vital relay point for regional trade. Historical trends illustrate steady expansion, with container volumes growing from 14.2 million TEU in 2010 to 22.7 million TEU in 2021, driven by infrastructure upgrades and rising Northeast Asian demand. The port has a capacity to handle over 300 million tons of total annually, encompassing , bulk, and general , which highlights its multifaceted operational scale. Key performance metrics include servicing approximately 130 vessels per day, maintaining an average vessel turnaround time under 24 hours to enhance , and utilizing 45 operational berths across its terminals. As South Korea's dominant container facility, accounts for about 77% of the nation's total container traffic, positioning it as a preeminent hub in for global shipping networks.

Economic Contributions

The Port of Busan plays a pivotal role in South Korea's economy, serving as the primary gateway for and significantly influencing national growth. As the country's largest port, it handles a substantial portion of the nation's , contributing to approximately 4.56% of South Korea's GDP through the broader metropolitan economy, where port-related activities form a core driver. The port supports hundreds of thousands of jobs directly and indirectly in , , and related sectors, bolstering employment in an industrial hub that accounts for 90% of the country's and parts production. It facilitated approximately $179.5 billion in import and export value in 2023, underscoring its status as a critical engine for South Korea's export-oriented economy. On a regional level, the Port of Busan drives the of the , which has a of over 7.6 million and relies heavily on port-induced activities for urban development. The ongoing North Port redevelopment project, spanning to 2030, transforms former industrial zones into integrated port-city spaces that enhance , commercial complexes, and cultural facilities, fostering a symbiotic relationship between maritime operations and urban vitality. This initiative, covering 2.28 million square meters around key districts like Jung-gu and Dong-gu, aims to recreate the area as a vibrant hub, stimulating local economic diversification beyond traditional . Looking ahead, the South Korean government has outlined ambitious expansion plans for the port, including a 14 KRW (approximately $10 billion) investment by 2045 to double its container handling capacity to 50 million TEU annually and elevate it to the world's third-largest port. This strategy encompasses the construction of Jinhae New Port as a major addition to the Busan complex, with the full securing advanced to accommodate growing global demands. Eco-initiatives are integral to these plans, promoting the adoption of electric and zero-emission ships to align with sustainable maritime practices. Preliminary data for 2025 indicates continued growth in container throughput, building on the 2024 record. In parallel, the 's efforts emphasize green port development to mitigate environmental impacts, with projects targeting reductions in in line with national goals of 40% by 2030 through emission-free technologies and infrastructure upgrades. These include the deployment of hybrid and electric vehicles within port facilities, alternative marine power systems, and monitoring enhancements to support carbon-neutral goals. Such measures not only address emissions—aiming for a 30% overall cut in port-related pollutants by 2030—but also position as a leader in eco-friendly global logistics.

Safety and Incidents

Notable Accidents

One of the most significant incidents at the Port of Busan occurred on April 6, 2020, when the 13,900 TEU containership Milano Bridge, operated by , collided with multiple gantry cranes at the Busan New Port container terminal during berthing maneuvers. The vessel, approaching berth 8B at excessive speed due to maneuvering difficulties exacerbated by its light condition, struck and demolished one crane (No. 85), derailed two others (Nos. 81 and 84), and also contacted the nearby containership Seaspan Ganges. The crane operator on the collapsed structure sustained minor injuries but was able to escape; no other casualties were reported. The accident caused substantial damage to port infrastructure, halting operations at the affected berth and requiring extensive repairs estimated in the tens of millions of dollars. On July 28, 2024, the 1,900 TEU containership Sky Challenge, operated by CK Line, collided with the entrance breakwater at Port while attempting to berth, leading to the vessel grounding near the Gamman Wharf. The occurred around 2:05 a.m. local time amid routine docking procedures, with no reported injuries to crew or port personnel. The ship was subsequently refloated and anchored in the port for inspection; environmental assessments confirmed no or , though salvage operations and berth restrictions followed to ensure safe recovery. In 2025, the port experienced a containership fire incident when ZIM Integrated Shipping's MV Colorado, a 5,500 TEU vessel, reported an onboard blaze on September 24 while en route in the Pacific, prompting its diversion to for and . The fire, believed to originate from a , was contained by the without escalation, and the ship arrived at on September 27 with no injuries reported. Operations at the port were briefly affected as emergency response teams assisted in unloading and assessing potential hazards. Also in 2025, a fatal accident involving commercial divers occurred during hull cleaning operations at Busan New Port, highlighting risks in underwater maintenance. On July 20, three divers in their 30s lost consciousness simultaneously while removing marine growth from a large vessel's underside at a container pier, using surface-supplied air; two died from en route to the hospital, and the third remained in critical condition. Investigations by the and Ministry of Employment and Labor pointed to possible oxygen supply issues, leading to joint raids on involved companies HMM and KCC in October 2025 for safety violations related to equipment and procedures in underwater operations.

Safety Protocols

The safety protocols at the Port of Busan are primarily overseen by the Busan Port Authority (BPA), which manages port operations and infrastructure safety, and the , responsible for vessel traffic services, port access control, and overall maritime safety enforcement. These entities ensure compliance with national and international standards to mitigate risks associated with high-volume handling and vessel movements. Pilotage is compulsory for all vessels entering the port, with pilots available around the clock and boarding outside the outer harbor breakwaters; this requirement applies to vessels exceeding 300 gross tons, as well as those carrying dangerous cargoes or involved in towing operations. Additionally, all vessels over 300 gross tons on international voyages must operate (AIS) transponders for real-time tracking and collision avoidance, integrated into the port's framework. To further reduce navigation hazards, speed limits are enforced within the harbor and approach areas, capping speeds at 10 knots for most vessel types, including bulk carriers and tankers, while container ships and car carriers are limited to 12 knots. In response to past incidents, including pier contact accidents analyzed in the early 2020s, the BPA introduced a unified for , health, and resilience, incorporating like a KRW 12.1 billion crane monitoring (operational from 2023 to 2025) to prevent equipment failures and structural collapses. Following the July 2025 diver incident at Busan New Port, where two commercial divers died and a third was critically injured during hull cleaning, the Ministry of Employment and Labor and the launched joint raids and audits on involved operators, focusing on enhanced protocols for underwater operations and . Environmental safeguards emphasize pollution prevention and rapid response, with the leading oil spill contingencies in coordination with the Korea Marine Environment Management Corporation (KOEM). Under the Korean Marine Pollution Prevention Act, spillers are legally obligated to initiate clean-up, supported by national plans prioritizing containment booms, skimmer recovery, sorbent deployment, and dispersants for larger incidents; these measures extend to the full area to minimize ecological impact from vessel and operations. Hazardous handling follows stringent International Maritime Dangerous Goods Code standards, enforced by authorities to ensure secure stowage, labeling, and emergency preparedness without tolerance for procedural lapses.

International Partnerships

Sister Ports

The Port of Busan has established formal sister port agreements with at least eight major international ports since 1978, aimed at promoting exchanges in , , and operational best practices. These bilateral partnerships enable collaborative initiatives such as joint training programs, executive port visits, and knowledge sharing on , contributing to enhanced global connectivity and efficiency for the Busan Port Authority (BPA). Key among these is the longstanding agreement with the Port of Southampton in the United Kingdom, signed in 1978, which has facilitated ongoing maritime technology sharing and operational cooperation. Similarly, the partnership with the Port of Seattle in the United States, originally established in June 1981 and renewed on November 28, 2023, emphasizes decarbonization efforts, including a feasibility study for a green cargo corridor announced at COP27 in 2022, alongside exchanges in digitization and safety protocols. The recent sister port agreement with the Port of New York and New Jersey, signed in March 2024 following discussions initiated in late 2023, focuses on technology transfer and supply chain resilience to address global logistics challenges. Other notable agreements include the Port of Osaka in (established August 6, 1985), which supports regional trade facilitation; the in the (1985), centered on and advancements; the in (1990s), promoting transshipment and container handling synergies; the in the United States (October 2006), aimed at boosting trade development and commercial facility improvements; and the Port of Kaohsiung in (August 2023), enhancing regional connectivity and logistics cooperation in . These relationships underscore Busan's role in international port networks, with benefits including reciprocal training sessions and site visits that enhance operational expertise—for instance, the Seattle renewal specifically highlights joint efforts toward sustainable shipping practices.
Sister PortCountryEstablishment YearPrimary Focus Areas
1978Maritime technology sharing
1981 (renewed 2023)Green shipping and decarbonization
1985Regional trade facilitation
1985Automation and infrastructure
1990sTransshipment and container handling
Port of New York/New Jersey2024 (discussions from 2023)Supply chain resilience and tech transfer
2006Trade development and facilities
Port of Kaohsiung2023Regional trade facilitation and logistics cooperation

Global Collaborations

The Port of Busan participates in the World Ports Sustainability Program (WPSP), launched by the International Association of Ports and Harbors (IAPH) in 2018 to coordinate global port sustainability efforts aligned with the UN . As a member, Busan Port Authority has implemented initiatives such as the Smart Piezoelectric System for generating green energy at port gates and an integrated platform for port logistics information using blockchain technology to enhance operational efficiency and reduce emissions. Busan is also involved in the Asia-Pacific Economic Cooperation (APEC) Port Services Network (APSN), an organization established in 2008 under APEC auspices to promote sustainable port development through cooperation among member economies, including South Korea. Through APSN, Busan contributes to regional programs like the Green Port Award System (GPAS), which recognizes environmentally friendly port practices across APEC economies. In terms of broader international infrastructure initiatives, the Port of Busan supports connectivity under China's (BRI), particularly its component, by facilitating enhanced maritime trade links between and global routes. This involvement aligns with Busan's role in optimizing supply chains for exports and strategic commodities along key East-West shipping lanes. Key operational collaborations include a longstanding partnership with of , which operates the Pusan Newport International Terminal (PNIT) in New Port as a originally formed with Hanjin Transportation and later adjusted with HMM involvement. This cooperation, formalized through a 2012 memorandum of understanding between Busan Port Authority and PSA, focuses on advancing terminal efficiency, , and mutual benefits in . Busan Port Authority has also engaged in joint ventures with HMM (Hyundai Merchant Marine), South Korea's major , including HMM's acquisition of a controlling stake in the PSA-Hyundai Pusan New Port Terminal in 2018 to bolster handling capacity. These partnerships extend to shared efforts in port upgrades, supporting HMM's broader digital logistics strategies like integrated e-platforms for services. Recent sustainability projects highlight Busan's commitment to low-carbon shipping, including participation in green shipping corridors. In 2023, Busan joined a zero-emission vessel corridor initiative with the in the , aiming to demonstrate clean marine fuels and technologies along Asia-North America routes. By April 2025, proposed a Korea-Europe Green Shipping Corridor involving Busan and EU ports, targeting the adoption of to reduce emissions on trans-Pacific and Eurasian trade paths. Additionally, in November 2025, Busan formalized a with US ports, including and , to advance decarbonization through clean fuel adoption and route optimization. The port aligns with International Maritime Organization (IMO) decarbonization objectives, which include reducing global shipping greenhouse gas emissions by at least 20% (striving for 30%) by 2030 compared to 2008 levels, as revised in 2023. Busan Port Authority has set its own complementary target of cutting public sector GHG emissions by 50% by 2030, supporting IMO goals through measures like solar power installations and carbon neutrality roadmaps toward 2050. As a central hub in , the Port of connects to over 500 ports in 150 countries via 179 weekly container services, serving more than 600 shipping lines and enabling efficient trade on key routes such as to the Coast. This network positions Busan as a critical node for , handling significant volumes of cargo that facilitate global supply chains between , the , and .

References

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