Incentives for Customers
Berth Incentive System Cargo Incentive System- Period : Jan. 1, 2012 to Dec. 31, 2012 (for two years)
- To Whom : Shipping Companies with yearly throughput of 5, 000 TEU or higher
- What : The year’s earnings and transshipment cargo (TEU) except increased throughput, transshipment cargo with incentives for building berth change
- Total support fund :800 million won (400 million won for import/ 400 million won for transshipment)
- Support fund calculation
- Period : Jan. 1, 2012 to Dec. 31, 2012 (for two years)
- To Whom: Shipping Companies with yearly throughput of 5, 000 TEU or higher
- What: The year’s earnings and transshipment cargo (TEU) except increased throughput, transshipment cargo with incentives for building berth change
- Total support fund :Over 2 billion won (1 billion for imported ‘full’ container, 1 billion for transshipment)
- Support fund calculation : Applicable throughput x unit price – cumulative payment
Applicable throughput Unit price per TEU cumulative payment / less than 10,000TEU KRW 10,000 0 between 10,000 TEU and 20,000 TEU 12,000won 20 million won over 20,000 TEU 15,000won 80,000won * Restrictive condition : If total payment exceeds the amount of support fund per applicable cargo, balance the amount proportionally per applicable cargo.
- Period : Jan. 1, 2012 to Dec. 31, 2012 (for two years)
- To Whom : Shipping companies with over 3,000 TEU of transshipment cargo for building berth changes within a month after making the preliminary agreement with YGPA.
- What :Transshipment container cargo for building berth change under agreement (TEU)
- Total support fund : (within 1 billion won)
- Support fund calculation : Applicable throughput x unit price –cumulative payment.
- How to pay and when to pay: After completing building berth change and having it reported and confirmed by our Port-MTS, cash will be paid to the shipping company.
Applicable throughput Unit price per TEU cumulative payment less than 10,000TEU KRW 10,000 0 between 10,000 TEU and 20,000 TEU 12,000won 20 million won over 20,000 TEU 15,000won 80,000won * Restrictive condition: As for the agreement, it is on a first-come-first-served basis as long as the total amount of already paid amount and support fund in agreement do not exceed the support fund amount.
- Period : Jan. 1, 2006- : In case container cargo of Gwangyang port reaches 3million TEU
- To Whom
- Port mileage: 100TEU of a shipper and 50 TEU of forwarder per import and export cargo.
- Best customer program: 5,000 TEU of a shipper and 1,000 TEU of forwarder of combined cargo of import and export
- What
- Port mileage: The year’s throughput (TEU) increased over the trigger level compared to the record high for the most recent 3 years per import and export cargo.
- Best customer program: The year’s throughput (TEU) in case average throughput for the most current 3 years is over the trigger level.
- Support fund calculation
- Port mileage:Σ(unit price per cargo x applicable quantity per cargo)
- (Unit price per cargo TEU: KRW 5,000 for export, KRW 15,000 for import)
- Best customer program: 300 x applicable quantity +KRW 5 million.)
- Port mileage:Σ(unit price per cargo x applicable quantity per cargo)