THE volume of container cargo processed at South Korean seaports increased 5.9 per cent in the first quarter of 2024 on the back of increased shipments to the United States and China.
According to statistics from the country's Ministry of Oceans and Fisheries, the container cargo handled at the ports nationwide came to 7.77 million TEU in the first quarter, rising from 7.34 million TEU tallied a year earlier, reports South Korea's Yonhap News Agency.
The volume of container cargo handled for exports and imports increased by 4 per cent to 4.34 million TEU, driven by a surge in trade with the US and China, which saw volumes rise by 20.6 per cent and 8.3 per cent, respectively.
Non-container cargo handled at the ports slid 3.4 per cent year on year to 268.29 million tonnes in the first quarter, the data showed.
'Following the improving production and consumption indicators of major countries, including China and the US, the amount of container cargo gained ground in the first quarter,' Oceans Minister Kang Do-hyung said in a statement.
SeaNews Turkey
According to statistics from the country's Ministry of Oceans and Fisheries, the container cargo handled at the ports nationwide came to 7.77 million TEU in the first quarter, rising from 7.34 million TEU tallied a year earlier, reports South Korea's Yonhap News Agency.
The volume of container cargo handled for exports and imports increased by 4 per cent to 4.34 million TEU, driven by a surge in trade with the US and China, which saw volumes rise by 20.6 per cent and 8.3 per cent, respectively.
Non-container cargo handled at the ports slid 3.4 per cent year on year to 268.29 million tonnes in the first quarter, the data showed.
'Following the improving production and consumption indicators of major countries, including China and the US, the amount of container cargo gained ground in the first quarter,' Oceans Minister Kang Do-hyung said in a statement.
SeaNews Turkey