News
Trade ports in South Korea handled a total of 2.346 million TEUs of containers in April, increasing 8.9% year on year from 2.154 million TEUs, according to an announcement recently made by the nation’s Ministry of Oceans and Fisheries. Exports and imports soared 10.5% to 1.41 million TEUs, while transshipment (T/S) containers rose a milder 6.8% to 914,000 TEUs.
By port, container throughput was brisk at Busan, which processed 1.767 million TEUs, up 11.5%. Double-digit improvements were made for both exports and imports, and T/S containers, which surged 11.5% to 886,000 TEUs and 11.4% to 880,000 TEUs.
Container lifting was favorable at Inchon as well, jumping 14.2% to 255,000 TEUs, as those to and from China and Vietnam were both robust, which climbed 14.1% and 16.3%, respectively.
On the other hand, containers to and from Kwangyang were slow, diminishing 13.6% to 182,000 TEUs.
In the first four months (January-April), containerizes shipments to and from South Korea increased 4.5% from a year earlier to 8.5 million TEUs in total. In breakdown, 6.651 million TEUs were moved to and from Busan, up 4.1%; 952,000 TEUs to and from Inchon, up 18.6% and 716,000 TEUs to and from Kwangyang, down 9.3%.
