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The volume of container cargo handled at South Korea's seaports rose to a record high for November thanks to a rise in export and import traffic, reported Yonhap.
The volume of containers handled reached 1.65 million TEUs last month, up 10.4 percent from a year earlier, according to the report by the Ministry of Land, Transport and Maritime Affairs.
Container volume surged by 23.6 percent, or 316,000 TEUs, from November 2008 when the country was hit hard by the global financial crisis triggered by the collapse of US investment giant Lehman Brothers, it said.
Of the total container cargo handled, cargo related to exports and imports grew 12.9 percent year-on-year, with transhipment cargo growing 6.4 percent.
In the 11 months of this year, containers handled by South Korean ports reached a little over 17.6 million TEUs, up 19 percent from a year earlier.
Busan, the nation's largest port city on the southeastern coast, handled just under 1.22 million TEUs of container cargo last month. This represents a 12.5 percent gain from numbers reached in November 2009.
Cargo processed at the port of Gwangyang on the south coast came to 161,000 TEUs, while the volume at Incheon, just west of Seoul, topped 167,000 TEUs.
Cargonews Asia
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