Shortcut to Body Shortcut to main menu

Investment News

  • Home
  • About Us
  • Newsroom
  • Investment News
Incheon New Port's Phase 1 Container Terminals to Fully Open in Nov.
Date
2017.07.21

According to Yonhap News,

(INCHEON=Yonhap News) Incheon New Port's phase 1 container terminals, currently being built in the 10th area of Songdo International Business District (IBD) will open in November. Songdo IBD is part of the Incheon Free Economic Zone (IFEZ).

According to Incheon Port Authority (IPA) on July 17, two container cranes have completed installation at the HanJin Incheon Container Terminal (HJIT) at Incheon New Port.

With the new additions, HJIT is now equipped with a total of seven container cranes.

The first stage of the Incheon New Port construction project entails the building of a 1.6-kilometer container terminal with six berths at the southwestern end of Songdo IBD.

Two terminals are currently in operation: Sun Kwang New Container Terminal (SNCT) and HJIT, both having partially opened in June 2015 and March 2016, respectively.

Sun Kwang's 800-meter container terminal has fully opened earlier this April, and HJIT plans to open all sections in November.

By the end of the year, Incheon New Port's entire annual cargo handling capacity will amount to 2.1 million TEUs (twenty-foot equivalent units).

Large-scale vessels will be able to enter the port, creating new sea routes for long-distance container ships, and raising expectations for a rapid increase in the volume of cargo handled at the new port.

IPA President Nam Bong-hyeon noted, "IPA will take all measures necessary to ensure that everything goes according to plan when the final portion of the phase 1 container terminal opens with the latest equipment in November.

Upon completion of the first phase, Incheon New Port will go through two additional phases of construction, adding 6 berths in the second, 13 container berths and 4 general berths in the final.


Container cranes at the HanJin Incheon Container Terminal (Yonhap)

smj@yna.co.kr

Copyrights Yonhap News. All Rights Reserved.
Reprint or redistribution 
without permission is prohibited.


Source Text

Source: Yonhap News (Jul. 17, 2017)

** This article was translated from the Korean.
Meta information