The project to expand the access channel of Pyeongtaek-Dangjin’s West Port in South Korea has been completed.
The KRW36.1 billion (USD30.5 million) project, which commenced in 2012, has enlarged the access channel by 6.4 km, stretching it from two traffic lanes to four, and enables the port to handle 14,682 tonnes of cargoes daily, which works out to an annual throughput of 11 million tonnes.
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Pyeongtaek-Dangjin, South Korea’s biggest vehicles port, handles both the import and export of vehicles.
Once the inner harbour’s expansion is completed, ships will spend less time in port, saving net shippers an expected KRW700 billion.
A spokespersion for Pyeongtaek Regional Oceans and Fisheries Administration, which oversaw the project, said, “The foundation has been laid for Pyeongtaek-Dangjin’s West Port to handle more cargo. It is expected that the port can be a base for trade with China, giving it a competitive edge.”
This post was sourced from IHS Maritime 360: View the original article here.