{"id":17788,"date":"2017-03-07T00:20:48","date_gmt":"2017-03-07T00:20:48","guid":{"rendered":"http:\/\/www.globeinst.org\/?page_id=17788"},"modified":"2021-08-04T13:00:50","modified_gmt":"2021-08-04T13:00:50","slug":"2016-bnct-accredited-best-in-class","status":"publish","type":"page","link":"https:\/\/project.mespilgroup.com\/GIL\/press-center\/2016-bnct-accredited-best-in-class\/","title":{"rendered":"2016: BNCT ACCREDITED BEST IN CLASS"},"content":{"rendered":"
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Press Information> Presse-Information<\/strong><\/h2>\n

Dossier Presse > Communicato Stampa >\u65b0\u95fb\u7a3f<\/strong><\/h2>\n<\/div>\n
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BUSAN KOREA NOVEMBER 2016<\/h6>\n

BNCT KOREA ACCREDITED ‘BEST IN CLASS’ BY INSTITUTE<\/strong><\/h4>\n
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The Global Institute of Logistics\u2019 (GIL) Container Terminal Benchmarking Group (CTBG) is delighted to announce that BNCT (Busan Newport Container Terminal) South Korea has been accredited with \u2018Best in Class\u2019 status. The announcement comes as a result of ongoing research by GIL on behalf of The CTBG into operating standards at container terminals in the North East Asia region.<\/h6>\n<\/div>\n

BNCT is turning steadfast commitment to best practice into remarkable achievements at the highest level. This puts BNCT in the same League as previous recipients of the award such as Yantian International Terminals, HHLA Container Terminal, and Valencia Port Authority.<\/p>\n

JOHN ELLIOTT & THE MANAGEMENT TEAM AT BNCT KOREA CELEBRATE BEST IN CLASS<\/b><\/p><\/div>\n

GIL\u2019s CEO Kieran Ring pointing out that \u201cthis comes as no surprise for those of us that have followed the development of BNCT over the last 5 years” According to Mr. Ring, \u201cBNCT\u2019s most remarkable achievement is the speed and scale at which the terminal was able to grow while maintaining world-class productivity and service levels from day 1\u201d. With 5 million TEU reached well within its first 5 years of operation, BNCT handled 0.5 million TEU in its first year increasing by 139% to over 1.2 million TEU in 2013 and jumping 20% to over 1.4 million TEU in 2014. Even in this year of slowing container growth, BNCT expects to increase volume by 16% compared to last year.
\n\u201cDespite being the 1st vertically structured automated yard and straddle carrier operation in Asia\u201d\u2026 according to BNCT\u2019s President and CEO John Elliott who has been running major container ports and terminals around the world for over 25 years \u2026\u201cThis is without a doubt the fastest and smoothest container terminal start-up I have ever seen. It is very unusual for such a large container facility to have run so long at such high growth levels without any major operational issues or breakdowns since opening.\u201d
\nGIL highly respects BNCT for consistently exceeding global benchmarks in all aspects of terminal operation, particularly in the areas of truck turn time, ship, and terminal area productivity, achievements also recognized by Busan Port Authority (BPA) who in May of 2015 presented BNCT with the Best Productivity for 2014 award citing BNCT\u2019s \u201cunbeatable improvement of terminal productivity with operational and strategic integration\u201d.
\nAccording to Mr. Elliott, BNCT\u2019s winning formula is a combination of many factors including; significant up-front commitment & investment by our shareholders, sufficient available capacity, top quality location, most modern equipment, latest IT and of course high performing employees all ready to absorb 1.8 mil TEU upon opening. And BNCT has no intention of stopping at 1.8 mil. Thanks to our phased approach to growing capability even further, we were able to expand our capacity by over 700,000 TEU to 2.5 mil TEU in mid-2015 and can expand once again in the future to our designed capacity of 3.5 mil TEU.
\nBNCT is proud of this recognition not only for BNCT but also in support of the Korean governments\u2019 plan for Busan Port announced in October 2016 to become the 2nd largest transshipment hub port in the world.
\nAbout BNCT<\/strong>
\nBNCT Co., Ltd. is an independent full-service container terminal with 2.5 million TEU. As the most advanced terminal in Korea and the 1st vertical-automated in Asia, BNCT can berth 3 of the world\u2019s largest container vessels simultaneously at 1400 meters of Quay with 16-17m water draft with the biggest and most technologically advanced equipment to match.
\nBNCT is designed to offer unrivaled performance, reliability and full service compared to any other terminal in Korea. Because of BNCT\u2019s automated-vertical design our state of art equipment can operate to their maximum potential without having to wait for the previous or next process to finish before working which fully optimizes productivity. And all this is supported by the most modern terminal operating system and industry leading automation technology.<\/p>\n

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Press Information> Presse-Information Dossier Presse > Communicato Stampa >\u65b0\u95fb\u7a3f BUSAN KOREA NOVEMBER 2016 BNCT KOREA ACCREDITED ‘BEST IN CLASS’ BY INSTITUTE The Global Institute of Logistics\u2019 [\u2026]<\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":4585,"menu_order":39,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-17788","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/project.mespilgroup.com\/GIL\/wp-json\/wp\/v2\/pages\/17788"}],"collection":[{"href":"https:\/\/project.mespilgroup.com\/GIL\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/project.mespilgroup.com\/GIL\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/project.mespilgroup.com\/GIL\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/project.mespilgroup.com\/GIL\/wp-json\/wp\/v2\/comments?post=17788"}],"version-history":[{"count":2,"href":"https:\/\/project.mespilgroup.com\/GIL\/wp-json\/wp\/v2\/pages\/17788\/revisions"}],"predecessor-version":[{"id":21066,"href":"https:\/\/project.mespilgroup.com\/GIL\/wp-json\/wp\/v2\/pages\/17788\/revisions\/21066"}],"up":[{"embeddable":true,"href":"https:\/\/project.mespilgroup.com\/GIL\/wp-json\/wp\/v2\/pages\/4585"}],"wp:attachment":[{"href":"https:\/\/project.mespilgroup.com\/GIL\/wp-json\/wp\/v2\/media?parent=17788"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}