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Gwangyang Port Development Project

Project objectives

  • To develop a multi-functional logistic hub port leading national economic growth.
  • To attract new high value added industries by developing a port logistics cluster which closely connecting cargo terminals, port hinterlands and background industrial complexes.

Construction plan
(The 3rd master plan for the nationwide trade port development)

  • Period : 2011 ~ 2020
  • Project cost : KRW4,597.8billion
  • Prospect of facility supply

(Unit : 1,000 RT/year, 1,000 TEU/year)

Prospect of facility supply
Classification 2015(performance) 2020 Remarks
Throughput - total 272,009 293,552 -
Estimated required capacity 154,764
(2,327)
177,929
(2,722)
Excluding oil
Current capacity 188,376
(3,840)
188,376
(3,840)
-
Capacity surplus / shortage 33,612
(1,513)
10,447
(1,118)
-

numbers in brackets are for containers

Estimated cargo volume (Classified by cargo types)

(Unit : 1,000 RT/year, 1,000 TEU/year)

Prospect of quantity of goods transported per item
Classification 2015 2020 2030 Remarks
Throughput - total 272,009 293,552 337,997  
Grains 2 - -  
Cement 3,906 4,109 5,552  
Coal 25,519 32,919 37,254  
Timber 52 403 569  
Sand 900 926 1,135  
Iron ore 33,909 37,201 43,949  
Steel products 18,900 17,648 18,951  
Scrap metal 703 814 773  
Vehicles 12,867 18,138 18,137  
Ore - others 14,797 14,621 16,909  
Petrochemical products 5,362 7,001 9,047  
Miscellaneous goods 1,264 1,170 873  
Container
(1,000TEU)
36,583
(2,327)
42,979
(2,722)
50,918
(3,166)
 
Oil 117,245 115,623 133,930  
Capacity required 154,764 177,929 204,067  

Source : 2015 cargo throughput forecasts classified by items and ports, Korea Maritime Institute, 2016
Note : Numbers for 2015 are actual performance values.

Scale of development
Scale of development
Classification 2016 ~ 2020 Remarks
Outer facility Yulchon dike 10,375m Wide Area Dredged Soil Dumping Site
Berthing facilities Gwangyang RORO terminals
(Phase 3-2)
20,000DWT 1berth(s) Under construction
50,000DWT 1berth(s) Under construction
Steel port 30,000DWT 1berth(s)  
9,000DWT 1berth(s) Thick steel plate, RO/RO
LPG 1berth(s)  
Passenger terminal(also for WIG) 1berth(s)  
Sub-total 6berth(s)  
Yulchon Steel 30,000DWT 1berth(s)  
Yeocheon Oil(petroleum) 10,000DWT 2berth(s)  
Oil 80,000DWT 1berth(s)  
Petrochemical products port 10,000DWT 2berth(s)  
Coal 40,000DWT 1berth(s)  
Sub-total 6berth(s)  
Total 13berth(s)  
Land for port facilities Gwangyang East/West hinterland drainageway improvement 106,000㎡  
Yeocheon General cargo - General cargo terminal hinterland 189,000㎡  
Total 295,000㎡  
Waterfront facilities Gwangyang POSCO 52,000㎡ Under construction
Port traffic facility Gwangyang Seonghwang overbridge 0.575km  
Other facilities Gwangyang Administration port 130m  
Port Renewal
(Petrochemical products port)
1 case  
Anchorage relocation 1 case  
Dredging and reclamation 1 case  
Yulchon Dredging and reclamation 1 case  
Yeocheon Port Renewal
(Nakpo port, Jungheung port)
1 case  
Dredging of specially designated sea area 1 case  
Dredging and reclamation 1 case  

numbers in brackets are for containers

※ Click below image to see a larger image.

Gwangyang Port