Ulsan Port: the heart of Northeast Asia's oil hub

摘要

Ulsan Port is Northeast Asia's premier hub for oil that contributes 34% of Korea's total oil cargo. The port facilitates state-of-the-art infrastructure, outstanding connectivity and safe waterways promoting sustainable trade and generating economic development for Ulsan, the South Korean nation and Northeast Asia. Ulsan Port continues to invest in the future with a range of projects aimed at boosting the capacity and productivity of the port. The Northeast Asia Oil Hub Project, which is to increase the storage capacity of Ulsan Port from 21 million to 50 million barrels and will be completed by 2020, is manifested to help the port to emerge as a global world-class liquid logistics-centered port, providing future generations with long lasting prosperity.