Hutchison Korea Terminals (HKT), subsidiary of Hong Kong’s Hutchison Port Holdings (HPH), will suspend operations at Hutchison Gamman Container Terminal (HGCT) at the old Pusan port from May 1 because of overcapacity.
The news came a few days after Pusan Newport International Terminal (PNIT), a joint venture of Singapore’s PSA International and South Korea’s Hanjin Corp, handled its first vessel, the 3,800-TEU APL SPINEL. PNIT has a 1,200m quayline with a depth alongside of 16m and is equipped with nine ship-to-shore container cranes. Handling capacity is 2M TEU/year....
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This complete item is approximately 150 words in length, and appeared in the April 2010 issue of WorldCargo News, on page 8.
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