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Korean box throughput surges 23% in August

9/8/2010 10:34:33 AM

The volume of container cargo handled at South Korea's seaports rose sharply in August thanks to the worldwide economic recovery that fuelled trade, a government report showed, according to Yonhap News Agency.

The volume of containers handled amounted to 1.69 million TEUs last month, up 21.8 percent from a year earlier, according to the report by the Ministry of Land, Transport and Maritime Affairs. Since April, figures have stayed over 1.6 million TEUs.

In the first eight months of the year, containers handled by the country reached 12.81 million TEUs, up 23.4 percent from a year earlier, according to the ministry.

Busan, the nation's largest port city located on the southeastern coast, handled just under 1.25 million TEUs of container cargo last month, which was 22.3 percent higher than the previous year.

Cargo processed at the port of Gwangyang on the southern coast came to 190,000 TEUs, while the volume at Incheon, just west of Seoul, totalled 152,000 TEUs.

                                                                                                  Cargonews Asia

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