Busan Port Authority to build LNG and methanol bunkering hub by 2032
In South Korea, Busan Port Authority plans to construct a 37,000 cubic meter liquefied natural gas storage tank and a 150,000 cubic meter green methanol storage tank at Busan New Port by 2032, positioning the port as a regional green fuel bunkering hub.
The facilities, to be built within the New Port southern container terminal logistics zone on a site of approximately 123,000 square meters, will include berthing infrastructure for fuel transport and bunkering vessels.
Busan Port Authority held a planning session on May 12 at the Busan Port International Exhibition and Convention Center to advance the strategy, convened in response to tightening International Maritime Organization greenhouse gas regulations accelerating the shift by shipping lines toward cleaner fuels.
Category: Sustainable Marine Fuels
