Ulsan is a large port and metro city (ranked South Korea's 7th largest metropolis) with total area approx 1057 km2 (408 mi2) and population over 1,17 million. On the east, the city bounders Sea of Japan (East Sea). Busan (country's 2nd largest city - after the capital Seoul) is approx 70 km (44 mi) to the south.
Ulsan City is Korea's industrial powerhouse, having world's largest automobile assembly plant (Hyundai Motor Company), world's largest shipbuilding yard (Bangeojin - Hyundai Heavy Industries) and world's 2nd largest oil refinery (SK Energy). The metro city has highest GDP per capita in South Korea. Part of Ulsan City is Port Bangeojin - shipbuilding port owned by Hyundai Corporation.
Jangsaengpo is contry's only whale museum with whailing-related artifacts (whailing in Korea was prohibited in 1986). It also offers various information related to marine ecosystems and is a space for research and education. Among the most popular tours are "whale cruises" leaving roundtrip from Port Jangsaengpo.
Ulsan Grand Park (downtown) is Korea's best and largest eco-park, with land area of 3,64 km2 (1,4 mi2). Taehwagang River Grand Park (bamboo grove) is one of Ulsan's 12 scenic beauties. Park's bamboo grove and the river are connected. The sand beaches Ilsan and Jinha provide great views of Daewangam Park and its lush pine forest.
Port Ulsan is located at the southeastern corner of the Korean Peninsula. This is a natural seaport consisting of 3 sub-ports - Ulsan Main Port handles around 2/3 of all cargoes), Onsan Port and Mipo Shipyard.
The seaport is managed by Ulsan Regional Maritime Affairs and Fisheries Office (port authority company). The harbour is a natural (river) and has a turning basin (for vessels navigating the channel) and no tide restrictions.
Max water depths are 12 m (40 ft) in the channel and at anchorage sites, 9 m (30 ft) at cargo piers and 10 m (35 ft) at the Oil Terminal. Pilotage is compulsory - all vessels navigating in the channel are assisted by tugboats. Marine cargo loading and unloading operations are at wharves.
As cargo handling equipment, Port Ulsan has lifts (capacity up to 100 tons), mobile and floating cranes. The services offered to cargo vessels, oil tankers and container ships include providing supplies (provisions, fuel, water), ship repairs, drydock, dirty ballast disposal.
In late-June 2020, a Korean consortium won the contract to build an LNG tank terminal in Ulsan port's northern part. The consortium includes Daewoo Engineering & Construction (51%) and SK Engineering & Construction Co Ltd (49%). The facility will be operated by Korea Energy Terminal - a joint venture company of Korea National Oil Corporation (49,5%), SK Gas (45,5%) and Singapore’s MOL Chemical Tankers (5%). The project (budgeted KRW 324,3 billion / ~USD 270 million / EUR 240,5 million) includes the construction of one LNG tank (gas capacity 215,000 kiloliters) plus other facilities. The terminal is planned to start commercial operations in June 2024.