Pusan Newport Corporation (PNC) sings contract with DP World and SMS group, to use BOXBAY high-bay container storage system at Pusan, South Korea, terminal.
On the 8th of March, a contract was between Pusan Newport Corporation (PNC) and Boxbay FZCO – a joint venture of DP World and German plant technology supplier, SMS group – initiating the design and engineering works for the site. The signing took place in Jebel Ali Free Zone, Dubai, and was signed by Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World and Burkhard Dahmen, Chairman and CEO of SMS group, the partners behind BOXBAY.
In BOXBAY, containers are moved into, out of, and between slots by fully electrified and automated cranes built into the structure. Individual containers can be accessed without causing any other containers to move. The entire system is intended to be powered entirely by solar panels on the roof. Operating costs are also lower than expected, with energy costs reduced by 29% and maintenance costs reduced.
As a retrofit on an existing empty storage area, the BOXBAY high-bay storage technology will coexist with the mode of ARMG/truck operations. The system allows direct access to each container at any time, resulting in 350,000 fewer unproductive moves each year. This will reduce overall truck servicing time by 20%, allowing PNC to provide even better service to its customers.
Our pilot scheme in Jebel Ali has already shown the advantages of a fully automated, sustainably powered high-bay storage system. I’m proud that DP World has led this innovation that will now be adopted in Pusan.
…said Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World
DP World developed BOXBAY in a joint venture with German plant technology supplier SMS group, who originally created the storage system to handle heavy metal coils. Having proven the technology in the metals industry, it was refined for port logistics. DP World and SMS built a pilot facility at Jebel Ali’s Terminal-4 in January 2021. By the end of June 2022, 190,000 container movements had been carried out under realistic operating conditions to verify the market maturity of the system.
DP World has a 66% stake in PNC, which handled 5.3 million TEUs in 2021. PNC operates in Pusan port, which is the tenth largest in the world.
