Transhipment cargo through South Korean ports recorded double-digit growth for the 11th consecutive month since March 2011. This is freight which would previously have shipped through northern Chinese ports. Transhipment cargo handled by the port surged 23% to 671,000teu, with imports and exports rising slightly, up 0.3%, to 684,000teu. The country’s largest port, Busan 450km [...]
Posted: February 11th, 2012 under Cargo, freight, Korea.
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As Korea’s international freight carriers increase capacity in response to buoyant exports last year, markets are reducing due to economic circumstances in the eurozone and the USA. Korean carriers are now looking for other destinations to improve load factors, such as Qatar, St Petersburg, Istanbul and Zaragoza. Airlines are also looking to begin freighter services [...]
Posted: November 24th, 2011 under freight, Korea.
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