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Busan box volumes increase 6.7% in September

Busan box volumes increase 6.7% in September
South Korea’s Busan port has moved a larger volume of containers in September over the same period of last year, according to data from the Busan Port Authority (BPA).

Busan port handled 1.51m teu of boxes last month, representing an increase of 6.7% compared to the previous corresponding period, data from BPA showed.

Last month’s volumes, however, dropped slightly compared to 1.53m teu of throughput recorded in August this year.

Transhipment cargo volumes continued to grow, accounting for over 50% of the total throughput at Busan port.

The port handled 759,760 teu of transhipment cargoes and 749,875m teu of import/export cargoes in September, increasing 9.2% and 4.4% respectively compared to the previous year.

On the first nine months of this year, Busan port registered a total throughput of 13.7m teu.

BPA noted that the monthly throughput at the port has maintained at a 1.5m teu level for seven consecutive months since the monthly volume surpassed 1.6m teu in March this year.

Last year, Busan port posted an annual throughput of 17.69m teu, making it the fifth busiest container port worldwide. The BPA is aiming to move 18.2m teu this year.

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