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Incentive Scheme

Overview

Ulsan Port Authority (UPA) offers a comprehensive, customer-tailored incentive program to reduce logistics costs, create new demand, improve port services, and strengthen the competitiveness of Ulsan Port.

2026 Ulsan Port Incentive Scheme

2026 Ulsan Port Incentive Scheme 2026 Ulsan Port Incentive Scheme(Summary)

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CategoryTargetType/PayoutBudget in 2026
Liquid
Cargo		Sub Total 2 -
New Liquid Cargo to Ulsan Port Cargo
owner		 Fee reduction (Immediate) -
Liquid Cargo Transshipment (T/S)
at Breakwater Wharf		 Carrier Fee reduction (Immediate) -
General
Cargo		Sub Total 4 KRW 200 M
Automotive Cargo Export Volume Increase Carrier Cash payout
(Apr. 2027)		 KRW 50 M
Car Carriers Re-berthing Support Carrier Cash payout
(Apr. 2027)		 KRW 50 M
Biofule Bunkering for Car Carriers Carrier Cash payout
(Apr. 2027)		 KRW 50 M
Special Pilotage for Car Carriers Carrier Cash payout
(Apr. 2027)		 KRW 50 M
Container
Cargo		Sub Total 14 KRW 900 M
Launch of New Container Routes Carrier Cash payout
(Dec. 2027)		 KRW 200 M
Large Container Ship Call Carrier Cash payout
(Apr. 2027)		 KRW 150 M
Transshipment Volume Increase Carrier Cash payout
(Apr. 2027)		 KRW 10 M
Empty Container Volume Increase Carrier Cash payout
(Apr. 2027)		 KRW 10 M
Import/export Volume Increase Carrier Cash payout
(Apr. 2027)		 KRW 200 M
Import/export Volume Increase Forwarder Cash payout
(Apr. 2027)		 KRW 120 M
Import/export Volume Increase Cargo owner Cash payout
(Apr. 2027)		 KRW 180 M
Import/export Volume Increase Terminal Operator Cash payout
(Apr. 2027)		 KRW 20 M
Container Target Volume Achievement Terminal
Operator		 Cash payout
(Apr. 2027)		 KRW 10 M
Container Ship Ocean-going Carrier Fee reduction (Immediate) -
Coastal Carrier Fee reduction (Immediate) -
Container cargo Empty container Cargo owner Fee reduction (Immediate) -
Ocean-going
Container
Transshipment		 Cargo owner Fee reduction (Immediate) -
Coastal ship
Transport
Import/Export
Container		 Cargo owner Fee reduction (Immediate) -
Excellent Carrier and Cargo owner
(Class 1 & 2)		 Carrier/Cargo owner Fee reduction (Immediate) -
Northern
Logistics		Sub Total 1 -
Ships Transiting the Arctic Shipping Route Carrier Fee reduction (Immediate) -
Sustainable
Port		Sub Total 8 KRW 670 M
Vessel Speed Reduction (VSR) Program Carrier Fee reduction
(Refund/First half of 2027)		 KRW 500 M
Vessel Speed Reduction (VSR) Program Promotion Shipping
Agent		 Cash payout
(First half of 2027)		 KRW 50 M
Attracting Demand for Sustainable Marine Fuels Carrier Cash payout
(Immediate)		 KRW 100M
Revitalizing Sustainable Bunkering Carrier Fee reduction (Immediate) -
LNG-fueled Coastal Vessels Carrier Fee reduction (Immediate) -
Sustainable Fuel Supply Demonstration Vessel Carrier Fee reduction (Immediate) -
Other users Fee reduction (Refund) -
Alternative Maritime Power (AMP) Carrier Fee reduction (Immediate) -
Low-voltage AMP Promotion at Ulsan Port Carrier Cash payout
(Immediate)		 KRW 20M
OthersSub Total 3 -
Coastal Cargo Vessel Carrier Fee reduction (Immediate) -
Certified Ship Management Companies Carrier Fee reduction (Immediate)
Excellent Carrier and Cargo Owner(Tramp Shipping) Carrier/Cargo owner Fee reduction (Immediate)

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 takes precedence.
  • Incentive payments are rounded down to the nearest KRW.
  • 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 recovered in the following cases.

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Payment
Exclusion
/Withholding
  • Those who do not submit the proper incentive application form
  • Those who have been in arrears of port dues for more than 3 months or who fall under Article 23 of Ulsan Port UPA Regulations on Port Facility Use and Fees or Article 10 of Unpaid Debt Management Guidelines
  • Those who are requested for exclusion or withholding of payment by other authorities
  • Those who are expected to be unable to use Ulsan Port in the future due to bankruptcy, etc.
  • Those who do not meet the conditions stipulated in the incentive policy
Refund
  • In case the incentive application form and supporting documents submitted by the incentive beneficiary are found to be false

Inquiries for UPA Incentive Scheme

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Department / ResponsibilityTELE-MAIL
Logistics
Strategy
Dept.		Marketing
& Strategy		 Liquid cargo, General cargo +82 52 228 5424 thlee@upa.or.kr
Container +82 52 228 5421 shbae@upa.or.kr
Excellent Carrier and Cargo Owner +82 52 228 5422 anjm9431@upa.or.kr
Port-MIS Overall +82 52 228 5404 jsy0723@upa.or.kr
Cargo dues +82 52 228 5401 si.kim@upa.or.kr
Port dues(Ocean-going) +82 52 228 5402 kiyoung1486@upa.or.kr
Port dues(Coastal) +82 52 228 5403 lshyun@upa.or.kr
Arctic Shipping Route TF Northern logistics +82 52 228 5317 jsh2880558@upa.or.kr
Sustainable Energy
& Environment Dept.		 VSR +82 52 228 5418 yjcho@upa.or.kr
Attracting sustainable fuel +82 52 228 5418 yjcho@upa.or.kr
Sustainable fuel bunkering +82 52 228 5418 yjcho@upa.or.kr
Sustainable fuel supply demonstration +82 52 228 5418 yjcho@upa.or.kr
Construction Dept. AMP +82 52 228 5463 wswh011@upa.or.kr