The amount of container cargo handled at South Korea's seaports increased last month despite lingering worries over the global economic slump, government data showed.
Container cargo handled at S. Korea's seaports up 2.3 pct in November The amount of container cargo handled at South Korea's seaports increased last month despite lingering worries over the global economic slump, government data showed. About 1.87 million twenty-foot-equivalent-units (TEUs) of container cargo moved in and out of seaports here last month, up 2.3 percent from the same month a year earlier, according to the data by the Ministry of Land, Transport and Maritime Affairs. The amount of import-export cargo increased 3.1 percent on-year to 1.14 million TEUs last month, while transshipment cargo rose 3 percent over the same period to 691,000 TEUs, the ministry said.The port in Busan handled 1.38 million TEUs last month, up 0.8 percent from a year earlier. The ports in Gwangyang and Incheon also saw their container cargo handling grow 17.2 percent and 4.8 percent on-year to 188,000 TEUs and 179,000 TEUs, respectively.Source: Yonhap