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Busan port looks to Europe

Busan port looks to Europe
Woo Ye-jong, president of Busan Port Authority (BPA), will embark on a tour of Europe to visit shipping firms and attend meetings as part of efforts to help increase cargo volumes at the Korean port.

BPA announced that Woo is set to visit CMA CGM in France before visiting Maersk Line in Denmark and Mediterranean Shipping Company (MSC) in Switzerland.

The port authority said the purpose of Woo’s visit is to “prevent the loss of cargo volume at Busan port and to attract new cargoes as the shipping industry anticipates turmoil triggered by the alliance reorganisation from 2017.”

Woo will also participate in the 2nd Port Authority Roundtable hosted by Rotterdam Port Authority in the Netherlands.

“As the cooperation among port authorities emerges as a key issue in the port community, we will focus on strengthening networks with global major ports,” Woo said.

“BPA will analyse the trend in the global shipping port market and utilise it to boost the competitiveness of Busan port,” he added.