Freight News

Peel Ports signs Busan deal

[ November 15, 2013   //   Chris ]

Peel Ports Group signed a memorandum of understanding with the Busan Port Authority , Korea to enhance trade and maritime services. Under the deal, signed by BPA president Lim Ki-tack and Peel Ports’ CEO, Mark Whitworth on 14 November, the two parties will work together to strengthen infrastructure development, environmental betterments, commercial waterfront development as well as  skills and education.

Handling 17million teu a year BPA is the fifth largest container port in the world and a world leader in the use of emerging port technologies, in particular port infrastructure and semi-automated port handling equipment.

Peel Ports hopes that the relationship between the two authorities will help inform its own plans for the first semi-automated CRMG container terminal in Europe at Liverpool2.