Busan New Port unveils South Korea’s first fully automated container terminal
NewsThe ongoing expansion project is anticipated to extend until approximately 2040-2050, and the estimated cost upon completion is to reach US$32 billion.
CSX World Terminals LLC (CSXWT) and Pusan Newport Co Ltd (PNC) have signed a Memorandum of Understanding that outlines their relationship in the Pusan Newport project. The MoU establishes the terms under which CSXWT will operate the new terminal facility, acting as the O&M contractor to PNC for the project.
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