Incentive Scheme
Overview
Ulsan Port Authority (UPA) provides customer customized incentives to reduce logistics costs, create new demand, improve port services, and strengthen the competitiveness of Ulsan Port
2024 Ulsan Port Incentive Scheme
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Category | Target | Type/Payout | Budget in 2023 | ||
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Liquid Cargo | Sub Total | 2 | - | ||
New liquid cargo owner | Cargo Owner |
Fee reduction (Instantly) | - | ||
Liquid Cargo Transshipment (T/S) at Breakwater Wharf |
Carrier | Fee reduction (Instantly) | - | ||
General Cargo | Sub Total | 4 | KRW 200 M | ||
Vehicle cargo transshipment | Carrier | Cash payout (Dec. 2024) | KRW 40 M | ||
Intra-port Shipment for Vehicle Cargo | Carrier | Cash payout (Dec. 2024) | KRW 100 M | ||
Night pilotage for car carriers | Carrier | Cash payout (Dec. 2024) | KRW 30 M | ||
Special pilotage for car carriers | Carrier | Cash payout (Dec. 2024) | KRW 30 M | ||
Container Cargo | Sub Total | 16 | KRW 900 M | ||
Launching New Container Routes | Carrier | Cash payout (Apr. 2025) | KRW 200 M | ||
Port of Call of Large Container Ships | Carrier | Cash payout (Apr. 2025) | KRW 150 M | ||
Ad-hoc-call of Container Ships | Carrier | Cash payout (Apr. 2025) | KRW 50 M | ||
Transshipment volume increase | Carrier | Cash payout (Apr. 2025) | KRW 20 M | ||
Import/export volume increase | Carrier | Cash payout (Apr. 2025) | KRW 200 M | ||
Import/export volume increase | Forwarder | Cash payout (Apr. 2025) | KRW 100 M | ||
Import/export volume increase | Cargo owner | Cash payout (Apr. 2025) | KRW 150 M | ||
Import/export volume increase | Terminal Operator | Cash payout (Apr. 2025) | KRW 10 M | ||
Achieving Container Target Volume | Terminal Operator |
Cash payout (Apr. 2025) | KRW 20 M | ||
Container Ship | Ocean-going | Carrier | Fee reduction (Instantly) | - | |
Coastal | Carrier | Fee reduction (Instantly) | - | ||
Container cargo | Empty container | Cargo owner | Fee reduction (Instantly) | - | |
Ocean-going container transshipment |
Cargo owner | Fee reduction (Instantly) | - | ||
Coastal ship transport import/export container |
Cargo owner | Fee reduction (Instantly) | - | ||
Excellent Ship and Cargo owner (Class 1 & 2) |
Carrier/Cargo owner | Fee reduction (Instantly) | - | ||
Northern Logistics | Sub Total | 1 | - | ||
Vessels using the NSR | Carrier | Fee reduction (Instantly) | - | ||
Green port | Sub Total | 7 | KRW 550 M | ||
Vessel Speed Reduction (VSR) Program | Carrier | Fee reduction (Refund/First half of 2025) |
KRW 500 M | ||
Revitalizing Vessel Speed Reduction (VSR) Program | Shipping Agent |
Cash payout (Quarterly) | KRW 50 M | ||
Revitalizing eco-friendly Fuel bunkering | Carrier | Fee reduction (Instantly) | - | ||
LNG-fueled vessel | Ocean-going | Carrier | Fee reduction (Instantly) | - | |
Coastal | Carrier | Fee reduction (Instantly) | |||
Eco-friendly Fuel Supply Demonstration | Carrier | Fee reduction (Instantly) | - | ||
Alternative maritime power (AMP) | Carrier | Fee reduction (Instantly) | - | ||
Others | Sub Total | 1 | - | ||
Employing Certified Ship Managers | Carrier | Fee reduction (Instantly) | - |
Common principle
- Incentive payout standards, amount, payout schedule, etc. may change at any time and it will be announced through direct notice or through the website of Ulsan Port Authority (UPA).
- For any disagreement with the interpretation of incentive standards and terminology, UPA's interpretation take precedence.
- The incentive payment is based on the principle of round down to the neasrest won.
- Incentives will not be paid if the conditions for incentives are met but the application for incentive payment has not been made to the UPA.
- In principle, incentives are paid in cash.
- In accordance with the Guidelines for Ulsan Port incentives, incentives may not be paid, withheld or refunded in the following cases.
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Payment excluded /withheld |
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Refund |
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Inquiries for UPA Incentive Scheme
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Department / Responsibility | Name | TEL | |||
---|---|---|---|---|---|
Marketing Dept. |
Liquid cargo | Seung Eon, JEONG | +82 52 228 5412 | se.jeong@upa.or.kr | |
General cargo, Northern logistics | Ji Wu, Seo | +82 52 228 5447 | jiuseo@upa.or.kr | ||
Container | So Yeon, LEE | +82 52 228 5423 | sylee@upa.or.kr | ||
Port-MIS | Overall | Jae Man, Kim | +82 52 228 5404 | georgia@upa.or.kr | |
Cargo dues | Kyeong Eun, OH | +82 52 228 5401 | dhruddms7@upa.or.kr | ||
Port dues(Ocean-going) | Kyeong Li, BAE | +82 52 228 5402 | bree@upa.or.kr | ||
Port dues(Coastal) | Hye Won, SHIM | +82 52 228 5403 | hyeni@upa.or.kr | ||
Safety and Environment Dept | VSR | Jeong Un, HA | +82 52 228 5457 | hjw018@upa.or.kr | |
Logistics Strategy Dept | Eco-friendly Fuel bunkering | Jae Kwan, LEE | +82 52 228 5421 | jklee@upa.or.kr | |
Eco-friendly Fuel Demonstration | Jae Kwan, LEE | +82 52 228 5421 | jklee@upa.or.kr | ||
Excellent Ship and Cargo owner | Jeong Min, AN | +82 52 228 5414 | anjm9431@upa.or.kr | ||
Construction Dept | AMP | Sung Whan, WON | +82 52 228 5463 | wswh011@upa.or.kr |