New Rail Brings More Efficient Services For Customers
Busan, South Korea, Dubai, United Arab Emirates, December 1, 2010:- DP World-operated Pusan Newport Company (PNC) brought improved efficiency and services to customers with the opening today of the first on-dock rail at its Korean facility.
The PNC facility is expected to service all existing terminals at Newport and the nearby freight stations and free zone. The facility, which covers an area of more than 60,000 square metres, comprises two operational units. Each unit consists of four 600 metre sidings and adjacent stacking areas and is serviced by two rail mounted gantries (RMG).
Jong-ki Kim, President of PNC, said:
"The PNC rail operation supports the shift from road to rail greatly encouraged by the Korean Government, which has announced significant incentives to industry to move cargo from road to rail as part of a Green Transport policy, and we are confident the industry will be very supportive of the PNC facility."
Peter Wong, DP World's Senior VP and Managing Director for the Asia Pacific region said:
"The ability to seamlessly transition containers between modes offers customers an opportunity to block-train cargo from Busan to the major cargo generation centres including Seoul."
The port area is supported by an extensive rail marshalling area at nearby Newport Station in Noksan. With 32 holding tracks, the facility has a large surge capacity that can reduce overall transit times to and from the port.
The Korean government has completed a dedicated freight line from PNC and Noksan to Samrangjin Station, connecting the port to the main rail trunk routes between Seoul and Busan, which will reduce overall transit times compared to the current shared passenger/freight lines servicing the older, city-based container terminals.
-Ends-
About DP World
DP World is one of the largest marine terminal operators in the world, with 50 terminals and 11 new developments and major expansions across 31 countries(1). Its dedicated, experienced and professional team of nearly 30,000 people serves customers in some of the most dynamic economies in the world.
DP World aims to enhance customers' supply chain efficiency by effectively managing container, bulk and other terminal cargo.
The company constantly invests in terminal infrastructure, facilities and people, working closely with customers and business partners to provide quality services today and tomorrow, when and where customers need them.
In taking this customer-centric approach, DP World is building on the established relationships and superior level of service demonstrated at its flagship Jebel Ali facility in Dubai, which has been voted "Best Seaport in the Middle East" for 16 consecutive years.
In 2009, DP World handled more than 43.4 million TEU (twenty-foot equivalent container units) across its portfolio from the Americas to Asia. With a pipeline of expansion and development projects in key growth markets, including India, China and the Middle East, capacity is expected to rise to around 92 million TEU by 2020, in line with market demand. www.dpworld.com
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© Press Release 2010
