News / South Korean ports must boost productivity to be chosen as liner hubs

Busan. Photo: © Eugenesergeev

South Korean port executives have revealed that low productivity and volumes have discouraged the Gemini Cooperation, MSC and Maersk Line from selecting its busiest container port, Busan, to be among their hub ports.

Instead, they have favoured Shanghai and Ningbo in China and Singapore.

At a recent conference, executives at Busan and South Korea’s second-busiest container port, Gwangyang, urged the government to do more to boost handling rates and cost competitiveness, instead of leaving this to ...