A leading driver and strong advocate for European Businesses in Korea
ECCK Marine & Shipbuilding Committee Hosts Managing Directors Meeting in Collaboration with BPA
On February 21, 2025, the ECCK Marine & Shipbuilding Committee, in collaboration with Busan Port Authority (BPA), held its first Managing Directors Meeting of the year at the Busan Port International Exhibition and Convention Center (BPEX). The meeting provided a platform for industry leaders to exchange insights on key maritime and shipping trends, focusing on freight market dynamics, port expansion, and sustainability initiatives.
Director Eung-hyuk Lee from the BPA’s International Logistics Department delivered a detailed analysis of recent freight rate fluctuations, examining their underlying causes—global trade disruptions, rising import demand, and port congestion—and their broader impact on freight costs. He also outlined Busan Port’s expansion plans, emphasizing projects such as the full automation of new terminals to enhance efficiency and competitiveness. Discussions further explored BPA’s clean fuel storage strategy and port digitalization efforts, highlighting their role in driving sustainability, operational efficiency, and technological innovation within the maritime sector.
Following the presentation and an engaging Q&A session, the committee convened to review key takeaways from the 2024 White Paper, reflect on recent ECCK events, and outline strategic priorities for 2025.
ECCK Marine & Shipbuilding Committee Hosts Managing Directors Meeting in Collaboration with BPA
On February 21, 2025, the ECCK Marine & Shipbuilding Committee, in collaboration with Busan Port Authority (BPA), held its first Managing Directors Meeting of the year at the Busan Port International Exhibition and Convention Center (BPEX). The meeting provided a platform for industry leaders to exchange insights on key maritime and shipping trends, focusing on freight market dynamics, port expansion, and sustainability initiatives.
Director Eung-hyuk Lee from the BPA’s International Logistics Department delivered a detailed analysis of recent freight rate fluctuations, examining their underlying causes—global trade disruptions, rising import demand, and port congestion—and their broader impact on freight costs. He also outlined Busan Port’s expansion plans, emphasizing projects such as the full automation of new terminals to enhance efficiency and competitiveness. Discussions further explored BPA’s clean fuel storage strategy and port digitalization efforts, highlighting their role in driving sustainability, operational efficiency, and technological innovation within the maritime sector.
Following the presentation and an engaging Q&A session, the committee convened to review key takeaways from the 2024 White Paper, reflect on recent ECCK events, and outline strategic priorities for 2025.