Busan’s Mega-Expansion Accelerates


BNCT, the newest container terminal in Busan, continues to grow rapidly and has added seven new large services in the last six months. These services bring 1 million TEU throughput annually to Busan’s New Port and include five Ocean three (O3) Alliance services plus MSC’s New Falcon and CMA CGM’s CIMEX1 service.

BNCT is a vertically-automated facility and is said to be one of the best performing terminals in the world.

Since opening in January 2012, BNCT has achieved steep volume growth every year.

In its first year of operation, BNCT handled 500,000 TEU increasing by 139% to over 1.2 million TEU in 2013 and jumping 20% to over 1.4 million TEU the following year.

Peter Slootweg, CCO of BNCT, said: “The main reasons why these services come to BNCT in Busan’s New Port are our world-class performance and ability to handle much more volume and mega-size vessels in the future.

“With our first expansion recently completed, plans for our second are already well underway.  This gives our customers the confidence they can grow their business not just in Busan but in the whole Far East Asia region more efficiently for many years to come.”   

When BNCT opened in 2012, its handling capacity was 1.8 million TEU.  With the completion of its phase one expansion in May of 2015, BNCT added 700,000 TEU of capacity for a new total handling capacity of 2.5 million TEU.

BNCT’s further expansion capability can add another one million TEU for a total handling capacity of well over 3.4 million TEU once fully completed.

Fact File: BNCT is an independent full-service container terminal with an initial capacity of 1.8 million TEU, increasing to 2.5 million TEU in May 2015.  As the most advanced terminal in Korea and the first vertical-automated in Asia, BNCT can berth four of the world’s largest container vessels simultaneously at 1400 metres of Quay with 16-17 metres of water draft.                                                                                                                                                       

(Source: Busan New Port)

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