Logistics
Pursuing the 5th Port Operation Agreement to Keep Ports Running Even in Emergencies (opens in a new window)
The 5th Port Operation Agreement, which maintains port functions in emergencies, is being pursued. The agreement term will be extended from 1 to 2 years to 3 years, and the number of participating companies will grow from 63 to 77.
Ministry of Oceans and Fisheries
Export and Import Transport Costs in September 2026 (opens in a new window)
In September 2026, ocean export transport costs rose 12.3% to the US West Coast and 11.2% to the Middle East from the previous month, and fell 18.7% to China.
Korea Customs Service
Korea Customs Service and Busan Regional Customs Focus Customs Administration Capacity on Supporting Arctic Route Development (opens in a new window)
A 41,087㎡ petroleum storage facility in Nam-gu, Busan has been newly designated as an integrated bonded area, and the government is pursuing permission for off-site construction of icebreaking and ice-class vessels.
Korea Customs Service
South Korea Opens the Arctic Route Era! First Container Ship Returns to Busan After Pilot Voyage (opens in a new window)
A container ship of a Korean shipping line completed the first pilot round trip to Europe via the Arctic route and returned to Busan Port on October 11. The Ministry of Oceans and Fisheries is preparing follow-up pilot voyages and commercial operations.
Ministry of Oceans and Fisheries
Busan Port Authority Provides Global Location Tracking Service for Vessels Calling at Busan Port (opens in a new window)
Provides a global location tracking service for vessels calling at Busan Port.
Busan Port Authority
Busan Port Authority Strengthens Cooperation with Maritime and Port Authority of Singapore (MPA) and PSA (opens in a new window)
Busan Port and the Port of Singapore are working to link vessel arrival and departure data, and plan to apply it to actual operations within this year.
Busan Port Authority
Busan Port Authority Moves Ahead with Haiphong Logistics Center Project in Vietnam (opens in a new window)
A logistics center is being built in the industrial park behind Haiphong Port in Vietnam, with the opening targeted for the first half of 2027.
Busan Port Authority
Busan Port Authority Opens Singapore Branch: Southeast Asia Shipping and Logistics Hub Begins Full Operation (opens in a new window)
The new Singapore branch will strengthen the Southeast Asia logistics network and expand opportunities to generate new cargo volume in the ASEAN region.
Busan Port Authority
Eco-Friendly Ship Fuel Supply: Raising Safety and Lowering the Barrier to Market Entry (opens in a new window)
A business category for eco-friendly ship fuel supply will be created and registration standards will be set. Methanol-fueled vessels carrying marine cargo may be used as fuel supply ships until 2028, and ammonia-fueled vessels until 2030.
Ministry of Oceans and Fisheries
Sharp Rise in US East Coast Ocean Freight Rates: Analysis of 5 Combined Factors, from the Panama Drought to Geopolitical Risk (opens in a new window)
KOTRAUnited States
Fuel Tax Cut Extended; Total Effort for Livelihood Stability Including Highway Fuel Price and EV Charging Fee Discounts for the Chuseok Holiday (opens in a new window)
The fuel tax cut (15% for gasoline, 25% for diesel and butane), which was scheduled to end in late September, has been extended by 2 months to the end of November, so the burden of transport fuel costs continues.
Ministry of Land, Infrastructure and Transport