Business · Trade · 1 hr ago
Incheon offers 130 million won in incentives to port freight forwarders
Incheon city and the Incheon Port Authority are offering 130 million won in incentives to freight forwarders using Incheon Port in South Korea.
The support is aimed at raising the port’s cargo volumes.
It is open to companies registered in Incheon as international logistics brokers that handled at least 200 tonnes of container cargo through the port from January to September 2026.
Applications will be accepted from October 26 to November 20 through the port authority’s website.
The authority will check each company’s records before paying the incentives.
The plan is intended to help businesses stay competitive as changing sea freight rates have made logistics conditions more difficult.
The authority says it will develop further practical support for companies using the port.
Incheon Port Authority and Incheon City will offer incentives to local freight forwarders to increase cargo volumes through Incheon Port.
The program has a total budget of 130 million won.
Eligible companies must be registered in Incheon and have handled at least 200 tonnes of container cargo through the port during the first three quarters of 2026.
Applications will be accepted through the port authority’s website from October 26 to November 20.
The authority will verify applicants’ records before paying the incentives.
- Who
- Incheon Port Authority and Incheon City are offering the incentives to eligible freight forwarders registered in Incheon.
- What
- A total of 130 million won in incentives will be offered to encourage more cargo through Incheon Port.
- When
- Applications are open from October 26 to November 20, 2026.
- Where
- Incheon Port, South Korea; applications are submitted through the Incheon Port Authority website.
- Why
- To increase cargo volumes at Incheon Port and improve the logistics competitiveness of companies using it.
This story does not have two clearly opposing sides.
Incheon Port Authority and Incheon City announced the incentive program.
Applications are scheduled to open on the authority’s website.
The application period is scheduled to close.
The authority will verify companies’ records before paying incentives.
- Total incentives
- 130 million won
- Minimum container cargo volume
- 200 tonnes
- Eligible performance period
- First three quarters of 2026
- Application period
- October 26–November 20, 2026
- Eligible registration
- International logistics forwarding business registered in Incheon
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What people are saying
Recent volatility in ocean freight rates has worsened logistics conditions
We will prepare effective support measures to improve the logistics competitiveness of companies using Incheon Port