Korean ports handle record high level of traffic in 2011

Home > Business > Economy

print dictionary print

Korean ports handle record high level of traffic in 2011

Cargo handled at Korea’s seaports rose 8.1 percent on-year to an all-time high in 2011 amid strong trade and greater transshipment demand, the government said yesterday.

The amount of cargo processed at the country’s seaports came to 1.32 billion tons in 2011, compared with 1.24 billion won handled a year earlier, according to the Ministry of Land, Transport and Maritime Affairs.

The amount of container cargo handled at the seaports also surged 11.3 percent from a year earlier to 21.55 million 20-foot-equivalent units (TEUs).

Korea is the world’s fourth nation to have processed over 20 million TEUs in a year. Yonhap

More in Economy

On the campaign trail

Online courses get failing grades from tech students

Help after the rains

Plush protest

The Gangnam-Gangbuk price gap remains

Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)

What’s Popular Now