World Maritime News (93)
January 08, 2025
Busan to undergo $10bn transformation into ‘megaport’ South Korea will invest 14trn Won ($9.8bn) to transform Busan into the world’s biggest container port. The Ministry of Oceans and Fisheries announced plans for the country’s biggest port today, which include building an entirely new port near Jinhae. When unified with Busan, the ministry said the so-called “megaport” would be the world’s biggest. When the project is completed in 2045, Busan will be able to berth 30,000 teu vessels, larger th
