Korean containers hit new high in 2010

 

 

The total cargo containers processed amounted to 19.33 million TEUs last year, up 18.3 percent from a year earlier, according to the report by the transportation and maritime affairs ministry.

 

 

Asia Pulse reported that the figure is the highest ever for a single year. It is 7.8 percent higher than the previous record of 17.93 million TEUs in 2008.

 

 

The increase is attributed to improving global market conditions that bolstered domestic and overseas trade.

 

 

Busan, the nation's largest port city located on the southeastern coast, handled 14.18 million TEUs of containers, up 18.4 percent from a year earlier.

 

 

Cargo processed at the port of Gwangyang totaled 2.06 million TEUs, up 14.1 percent from a year ago, while the volume at Incheon rose 19.6 percent to 1.88 million TEUs, the report showed.

(Source:www.cargonewsasia.com)