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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
When handling annual cargo of 50,000 TEU and more, a certain percentage of stevedoring fees (Initial year 50%) is subsidized according to the annual cargo volume processed.

Existing shipping liner
Subsidies are provided according to either the increase in cargo volume or the processed volume.

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
20% of the stevedoring fee per TEU for the volume processed in the corresponding year

Tramper liner
20% of the stevedoring fee per TEU when the annual volume processed is 30,000 TEU or more.

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