Busan volume up 3.4% through September, transshipment recovering
Busan Port Authority said it handled record container volume for the first three quarters of 2008.
The port handled more than 10 million TEUs through September, a 3.4 percent increase over the same period in 2007. BPA also said that transshipment volume has grown in August and September after being down 4 percent from April through July, primarily because Mediterranean Shipping Co. took away transshipment volume from the Korean port. Overall, Busan saw 5.9 million TEUs of import-export cargo (a 6.5 percent increase) and 4.2 million TEUs of transshipment volume (down 0.4 percent).
The port projects volume of more than 14 million TEUs for the year.
Busan volume up 3.4% through September, transshipment recovering
