Cargo volume at the Port of Busan, the world fifth largest container port, rose 10.6 percent year-on-year in January to nearly 1.4 million TEUs, according to a statement from South Korea’s Ministry of Land, Transport and Maritime Affairs.
Busan’s volume increase was largely due to a 23 percent spike in transshipment cargo to 671,000 TEUs. Import-export volume remained stable, at 684,000 TEUs, an increase of 0.3 percent.
Busan volume up 10% on transshipments
