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Busan box throughput rise 6.4% in first five months of 2015

South Korea’s Busan port has handled higher container throughput in the first five months of this year compared to year-ago figures, according to a recent data released by Busan Port Authority (BPA).

Lee Hong Liang, Asia Correspondent

July 1, 2015

1 Min Read
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The Korean port achieved container volumes of 8.11m teu in the January-May period, an increase of 6.4% year-on-year, BPA figures showed.

Out of the total, 3.92m teu were import and export cargoes and 4.19m teu were transhipment cargo, where a 3.6% and 9.1% year-on-year increase were recorded, respectively.

In May alone, the East Asian port moved 1.64m teu of containers, representing an increase of 3.7% year-on-year.

BPA attributed the growth of the container throughput to the rise in transhipment cargo volumes. In particular, the monthly transhipment cargo volume in March set the highest monthly record by exceeding 1.68m teu.

“We will continue our efforts to increase cargo volume at Busan Port by creating high added value cargoes through utilizing Busan New Port distripark and carrying out various marketing activities to port users including consignors, liners, and forwarders,” commented Kang Bu-won, marketing team leader of BPA.

About the Author

Lee Hong Liang

Asia Correspondent

Singapore-based Lee Hong Liang provides a significant boost to daily coverage of the Asian shipping markets, as well as bringing with him an in-depth specialist knowledge of the bunkering markets.

Throughout Hong Liang’s 14-year career as a maritime journalist, he has reported ‘live’ news from conferences, conducted one-on-one interviews with top officials, and had the ability to write hard news and featured stories.

 

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