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            october 22, 2019

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Busworld 2019

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South Korea's ports set a new monthly throughput record


South Korea's seaports set a new monthly throughput record in May after handling 2.1 million TEU on the back of higher transshipment volumes, representing an increase of 8 per cent compared to the same month last year, according to the latest government estimates.
"This is the largest volume ever recorded on a monthly basis, with the gains made possible by the spike in transshipment cargo," the Ministry of Land, Transport and Maritime Affairs said in a statement.
The amount of transshipments that passed through South Korea en route to a final destination surged by 19.9 per cent year-on-year to 805,000 TEU. Export-import cargo grew by 2 per cent from a year earlier to 1.17 million TEU.
May's record container throughput volume breaks the previous record set in March, when local ports handled just under 1.96 million TEU, reports Yonhap news agency.

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