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Incheon port’s box volumes touch record high in April

Incheon port’s box volumes touch record high in April
South Korea’s Incheon port has handled a record high throughput of 223,126 teu in April, a modest figure that has surpassed the previous record of around 210,000 teu in October last year, according to Incheon Port Authority (IPA).

The port authority said the higher box throughput came on the back of increased trade with neighbouring China. South Korea has been importing more products from China, including textiles, electronics and general merchandise.

Container volumes at Incheon port rose by 11% to 223,126 teu in April compared to 201,039 teu posted in the year-ago period.

In the first four months of this year, Incheon port moved a total throughput of 802,621 teu, an increase of 8.6% year-on-year.

“If the container cargo traffic continues to grow, the monthly volume handled at Incheon port will reach 230,000 teu in November this year,” said Yoo Chang-keun, president of IPA.

“We at the IPA will try to meet the needs of shippers in Seoul metropolitan areas by completing the construction of the Incheon New Port logistics hinterland and the Ah-am Distribution Complex 2, as well as improving the import and export logistics environment,” Yoo added.