The 16,500-square-meter facility is located within a three-mile radius of all six container ports at Busan New Port and less than 10 miles from Gimhae International Airport.
Neutral non-vessel owning common carrier Shipco Transport opened a container freight station earlier this month located within a four-kilometer (2.5-mile) radius of all six container ports at Busan New Port, South Korea’s busiest container port.
The 16,500-square-meter facility, which is operated by Shipco Transport’s subsidiary International Cargo Terminals (ICT), is the third-largest container freight station of the six operated under the ICT brand behind New York and Atlanta. The company purchased the building at an undisclosed price from the Port Authority of Busan and then carried out the required work to have the facility meet its needs, a Shipco spokeperson said via email on Tuesday.
The facility, which had its grand opening March 12, is capable of handling 30,000 to 40,000 cubic meters per month and 550 to 700 FEUs per month, the spokesperson said. The warehouse also is bonded and operated within the free-trade zone, according to a press release.
“As well as fulfilling its key role in providing NVOCC warehousing services, ICT Korea also offers value-added services such as labeling, sorting, packing and inspection,” Shipco said in the statement.
ICT Korea is also about 15 kilometers (9.32 miles) from Gimhae International Airport, has two ramps located at each end of the warehouse to allow access to 25-ton trucks and has 25 CCTV surveillance cameras installed both indoors and outdoors, the spokesperson said.
Shipco, a subsidiary of the Copenhagen, Denmark-headquartered Scan-Group, provides a range of neutral export and import ocean and airfreight services.
In addition to Busan, New York and Atlanta, the ICT brand also operates facilities in Los Angeles, Miami and Auckland, New Zealand. Shipco also works with a network of CFS facilities worldwide, which are third-party operations, the spokesperson said.