Pohang Port

From Global Energy Monitor

Pohang Port is in North Gyeongsang Province, South Korea. It is located on the southeastern part of the Korean peninsula and is a major industrial port related to Pohang Iron and Steel Company (POSCO).[1]

The Port is near the POSCO Pohang steel plant and Dongkuk Steel Pohang steel plant.

Location

Pohang Port is in North Gyeongsang Province, South Korea.

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Coal handling

Pohang port has a total handling capacity of 91 million tons per year. The port is divided into:

  • Shinhang (new port), which supports the steel industry, including POSCO,
  • Guhang (old port, Songdo pier, passenger ferry pier, cargo pier, and Dongbin pier), which handles sand and oil products, and
  • Yeongilmanhang, which opened in August 2009 as the first container pier for the Daegu-si and Gyeongsangbuk-do region.[2]


Piers 1 and 2 at the Shinhang handle coal, iron ore, and steel products and are primarily operated by POSCO. They have capacities of 50 million and 7 million tons per year, respectively.[3]

As of 2014, the port received Russian coal for South Korean steelmaker Posco from the North Korean Rajin Port, close to the Russian border.[4]

North Korean coal shipments

In August 2017, the U.N. banned North Korea from trading coal.[5][6] The 15-member body had been unanimously boosting sanctions on North Korea since 2006 in a bid to choke off funding for Pyongyang’s nuclear and ballistic missile programs.[7]

However, there have been reports of North Korean coal being smuggled into the port.[8][9]

Project Details

  • Operator: Pohang Regional Oceans & Fisheries Administration
  • Location: North Gyeongsang Province, South Korea
  • Annual Coal Capacity (Tonnes): 50 + 7 million
  • Status: Operating
  • Type: Imports
  • Sources of coal: Russia

Articles and resources

References

Related GEM.wiki articles