[September 20^th, 2017, Incheon, Republic of Korea]

Incheon Port Authority (www.icpa.or.kr, CEO Nam Bong Hyeon) revealed that it hosted Incheon Port PR seminar at Lotte Hotel, Seoul on the 20th by inviting the members of Association of Foreign Ship-owners' Representatives in Korea (AFSRK).

According to Incheon Port Authority (IPA), CEO Nam Bong Hyeon unfolded active marketing activities such as providing the latest Incheon Port information necessary for reviewing the establishment of forwarding services through official meetings with the foreign ship-owners representatives in order to attract new routes.

CEO Nam promoted the advantages of Incheon New Port capable of ‘accommodating large container vessels’ and ‘establishing deep-sea route’ and sought for the interest and use to the 15 foreign ship-owners representatives who were present on this day. Furthermore, CEO Nam introduced the incentive system of Incheon Port with regards to the establishment of new route and forwarders with an increase in cargo volume and promised the active support for the establishment of new route.  

In addition, he emphasized on the fact that IPA has achieved this year’s objective of ‘3.08 million TEUs’ following the rapid increase of container volume in Incheon Port, revealing the ambition as a global port living up to its reputation.  

Nam Bong Hyeon, CEO of IPA stressed that “The container volume of Incheon Port in the first half of this year increased by 15.8% compared to last year and among them, there was a significant increase in countries with no direct route such as India‧Chile·Romania and others” and that “This may imply the potential demand for the establishment of route between South Korea’s metropolitan region and the relevant countries”.  

Meanwhile, AFSRK is an association comprised of 25 foreign ship-owners representative with a branch in Korean such as Maersk, COSCO, MSC and others and it is a group that has been established for the purpose of exchanging logistics business information between forwarders. Currently, it is being headed by Ugo Vincent, the Vice of CMA-CGM. 

<IPO and the foreign ship-owners’ representatives taking a commemorative photo at the Incheon Port seminar that has held for AFSRK in Lotte Hotel, Seoul on the 20th>

- Frankie Sze, representative of Interasia/ Kang Seung Il, executive director of MOL/Erwin Hsu, Vice President of Wanhai Line/Park Jae Seo, CEO of Maersk/ Choi Min Gyu, CEO of Hapag-Lloyd/Lee Jae Hoon, CEO of Zim Line/Felix Chen, CEO of Evergreen/Endo Atsushi, CEO of NYK

- Kang Gwan Yu, CEO of MSC/Kim Hyeon Jeong, CEO of OOCL/Nam Bong Hyeon, CEO of IPA/Ugo Vincent, Vice President of CMA-CGM (President of AFSRK/Han Jeong Gi, CEO of PIL/Park Jong Wu, CEO of Hamburg Sud/Mikita Hiroshi, CEO of K-Line>

<Nam Bong Hyeon, CEO of IPA explaining about the current status of Incheon Port and the development plan to the foreign ship-owners representative who have participated in the Incheon Port seminar.>

/Images provided by=Incheon Port Authority  

<References>

○ (Import) Countries without direct route that experienced increase in container volume (As of the first half of ‘17)

․1^st place. Romania. Increase of 232.65% (1,715 TEU in 2016⇒ 5,705 TEU in 2017)

․2^nd place. India. Increase of 26.5% (9,425 TEU in 2016⇒11,923 TEU in 2017)

․3^rd place. Chile. Increase of 11.44% (6,627 TEU in 2016⇒7,385 TEU in 2017)

○ (Export) Countries without direct route that experienced increase in container volume (As of the first half of ‘17)

․India. Increase of 133.12% (782 TEU in 2016⇒1,823 TEU in 2017)

※ Out of countries with national container goods without direct route ranking 1^st to 15^th, no other country has had an increase of container volume except India. (As for countries out of ranking below 15^th, the container volume is minor)