Busan Port Authority, South Korea’s biggest shipping terminal, is looking to invest in the North Korean port of Rajin amid hopes that last week’s historic Korean summit would help the group boost its efforts to become Asia’s largest trans-shipping base.
“There is currently no direct channel between North and South, but now we are positively reviewing investing in North Korea,” Lee Gap-sook, Busan Port Authority president, told the Financial Times. “We have great interest in shipping containers through Rajin.”



