South Korean Ports Register 22% Rise in April Cargo Volume

1 June 2010 (Last Updated June 1st, 2010 18:30)

South Korean seaports handled 1.64 million teu of containers in April, a 22% increase compared to a year ago. The total amount of cargo handled by the ports also increased 10.7% from a year earlier to nearly 95 million tons, according to the Korean Ministry of Land, Transport and Maritim

South Korean seaports handled 1.64 million teu of containers in April, a 22% increase compared to a year ago.

The total amount of cargo handled by the ports also increased 10.7% from a year earlier to nearly 95 million tons, according to the Korean Ministry of Land, Transport and Maritime Affairs.

Pyeongtaek Dangjin Port posted a 59% increase while the Port of Busan and the Port of Gwangyang registered year-over-year increases of 26.7% and 16.8%, respectively.

The figures represent a 0.7% decrease on April 2008 figures.

The government attributed the rise in cargo volume to increasing maritime trade following the global downturn.