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| Full exemption of port facility use fees |
One-hundred percent exemption of port entry-departure fees and berthing fees for ships One-hundred percent exemption of port entry and departure fees for cargo |
| Volume-based incentive system |
Stevedoring fees are subsidized for shipping liners calling at Gwangyang Port according to certain criteria. Period : January 1, 2005 to December 31, 2007 (3 years) Shipping liner which newly calls at Gwangyang Port Existing shipping liner |
| According to the increase in cargo volume : US $ 8 to 14 per TEU if the increase from the previous year is at least 1,000 TEU |
| According to the processed cargo volume : US $ 0.42 to 1.88 per TEU if at least 5,000 TEU are processed in the corresponding year |
Feeder shipping liner Tramper liner |
| Formula to calculate the annual volume processed:¡¼Transshipment cargo + export and import cargo (1/2)¡½ |
| KGPS card (Port mileage card) |
The world¡¯s first port mileage system that pays subsidies to port customers (shippers, shipping liners, forwarders, etc.) who create new cargo shipments. Port customers can accumulate mileage with the KGPS (Korea Gwangyang Port Suhyup) card, issued by Suhyup, the National Federation of Fisheries Cooperatives, and apply it to payment of various port and logistics charges. Period : From January 1, 2006 to the date when 3 million TEU is reached Support : Subsidies for newly generated cargo based on a full container unit per TEU |
| Export & import cargo : Shipper & forwarder US $ 10.42 / Shipping liner US $ 2.60 |
| Transshipment cargo : Shipping liner US $ 5.21 |
| Accumulated mileage is calculated and recorded on the KGPS card at the end of March, June, September, and December each year |
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