Pusan CY space abuses

Large companies often use container yards (CY) like private warehouses, piling containers even before their forwarding location is determined.
The practice has not only caused CY shortages in Pusan but is also lowering their efficiency and raising logistic costs.
According to Busan Regional Maritime Affairs & Fisheries (Busan MOMAF) May 17, export containers piling up at Shinsundae port reached 7,381 TEU daily in the first quarter this year. 59.7% (4,407 TEU) out of 7,381 TEU are "non-appointed cargoes", i.e. neither their ships nor calling ports have been determined.
30% of non-appointed cargoes at the CY remain over 20 days and lower the port's efficiency. Another 10% remain over 40 days while some have been there for between 300 days and 5 years.
It is primarily large companies that pile cargoes there without any shipping information.
Busan MOMAF said, "These problems occur at other ports. Several large enterprises use CYs like personal warehouses."
Busan MOMAF had informal talks with logistic officers from the companies to discuss the problem of long-term storage at CYs. The general response was that it was unavoidable because export orders increase at month's end and they have difficulty in looking for trucks, and warehouse space is short.
Busan MOMAF originally wanted to have companies pay for long term storage, but realized it would seriously interfere with their ability to attract cargoes from them.
Consequently they have decided to place restrictions on cargoes without shipping information (non-appointed cargoes). They also plan to introduce an incentive system for port operators to reduce shipping rates.