PNC and Boxbay FZCO have signed an agreement to begin the design and engineering works related to the site. Credit: DP World.

DP World plans to install the BOXBAY high-bay storage system at its terminal in Pusan, South Korea, marking the technology’s first commercial use.

Pusan Newport Corporation (PNC) and Boxbay FZCO, a joint venture of DP World and German plant technology supplier SMS group, reached an agreement to begin design and engineering works related to the site.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

BOXBAY’s technology is designed to seamlessly incorporate with the existing modes of automated rail-mounted gantry (ARMG) and truck operations. It will be retrofitted on an existing empty storage area, stated the ports operator.

It enables direct access to each container at any time, helping avoid 350,000 unproductive moves annually and enhancing the overall truck servicing time by 20%.

Supporting DP World’s drive to decarbonise operations, the storage system will be powered by photovoltaic panels placed on its roof.

See Also:

DP World group chairman and CEO Sultan Ahmed Bin Sulayem said: “We have taken a technology that has proven its effectiveness in the metals industry in Germany and further transformed it to create BOXBAY, an innovative container storage system to enhance global trade.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“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.”

DP World owns a 66% interest in PNC, which handled 5.3 million twenty-foot equivalent units (TEUs) in 2021.

Last week, DP World said that it plans to invest $38m in its facilities on the left bank of Brazil’s Port of Santos this year.