Busan retains fifth spot in box rankings

Seoul: South Korea's largest port Busan ranked fifth in the world in terms of box handling in 2008, a trade agency said Tuesday.
Container traffic through Busan reached 13.42 million TEUs last year, up from 13.26 million TEUs in 2007 and 12.03 million TEUs in 2006, according to the Korea International Trade Association.
With the ranking, the port has retained the spot for the third consecutive year, it said.
Singapore was the world's largest port last year with cargo handling reaching 29.92 million TEUs, followed by Shanghai with 28.01 million, Hong Kong with 24.30 million and Shenzhen with 21.42 million, according to the agency.  [14/01/09]