(1) Reasons for Proposal
The amendment aims to deregulate the related regulations to support the initial settlement of terminal operating companies under Article 2 (6) of the Harbor Transport Business Act; for example, rationalizing penalty calculation standards and establishing clear criteria for faults or causes attributable to terminal operating companies. Also, it aims to expand the persons subject to safety education and training prescribed in Article 27-3 of the same Act and to shorten the training cycle to secure the safety of the workers in harbor transport businesses or harbor transport-related businesses.

(2) Major Provisions
A. Imposing penalty for failure to implement cargo volume plan, etc. (Article 29-4 revised)
○ Revise the provision for the calculation standards of penalties, which are imposed if a terminal operating company fails to implement the cargo volume plan or investment plan that was submitted at the time of the contract, from being based on yearly performance to being based on a total contract period (attached Table 5) and specify the criteria for the fault or cause attributable to a terminal operating company.

B. Education and training for harbor transportation workers (Article 30-2 revised)
○ Expand the persons subject to education and training to the “cargo fixed” workers of a harbor service business under Article 2, subparagraph 1 (C) of the same Act and stipulate that the education and training for employees are also held every two years (attached Table 6) to ensure the safety of harbor transportation workers and others.