South Korea is one of Asia’s fastest-growing economies. Now for the first time Swedish importers and exporters are getting a direct route to Busan in the eastern part of the country.
Next week shipping company Maersk Line adds the South Korean city of Busan to one of its routes from the Port of Gothenburg. This means that cargo can be shipped there directly, without transhipment in Europe.
“This is really good news. We know this region is important to many companies in Sweden and the Nordic region, for example for the export of steel,” says Magnus Kårestedt, CEO Gothenburg Port Authority.
South Korea is experiencing considerable industrial growth. Renowned export brands include Samsung, LG, Hyundai and Kia. The country is also a major manufacturer of tyres, which are exported to Sweden and elsewhere. For Swedish companies, South Korea is also an important market for items such as forestry products, steel and car parts.
Busan, in the south-eastern part of the country, has a favourable geographical location both for reaching important industrial regions in South Korea and for onward transport to Japan and Russia. It serves as a complement to the city of Kwangyang in the west of the country, which is already served by Maersk Line via a direct route from the Port of Gothenburg.
“New destinations in our product portfolio strengthen our position on the market,” says Magnus Kårestedt.
The transport time from Sweden to Busan is 40 days, and the route offers weekly departures from the container terminal in the Port of Gothenburg – APM Terminals Gothenburg.
Here is the entire route: Gdansk (Poland) – Århus (Denmark) – Gothenburg (Sweden) – Bremerhaven (Germany) – Rotterdam (the Netherlands) – Tangiers (Morocco) – Singapore – Yantian (China) - Hong Kong – Busan (South Korea) – Kwangyang (South Korea) – Ningbo (China) – Shanghai (China) – Tanjung Pelepas (Malaysia).
For more information, please contact Cecilia Carlsson, Corporate Communication, Gothenburg Port Authority, phone +46 31 731 22 45.
Fact file: Port of Gothenburg
The Port of Gothenburg is the largest port in the Nordic region with 11,000 visits by vessels each year. One-third of Swedish foreign trade passes through the Port of Gothenburg as well as 65 per cent of all container traffic.
The Port of Gothenburg is the only port in Sweden with the capacity to receive the world's largest container vessels and has the broadest range of shipping routes within and outside Europe. The 26 rail shuttles that depart each day mean that companies throughout Sweden and Norway have a direct, environmentally smart link to the largest port in the Nordic region. The Port of Gothenburg has terminals for oil, cars, ro-ro, containers and passengers.