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South Korean ports register record port volumes

South Korean ports register record port volumes

Seoul: South Korean ports posted record container and cargo volumes in 2010 as economy and trade activities improved, the transportation ministry announced. Box throughput handled by the country's ports rose 18.1% year-on-year to 19.3m teu, while cargo volumes reached 1.2bn tonnes last year, up 11.8% from the previous year.

Busan port, the country's biggest seaport, managed 14m teu of containers, accounting for 73.5% of the country's total volume. Cargoes handled at Busan rose 16.2% while Gwangyang port registered a 14.7% increase. [27/01/11]

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