8.8 C
Hamburg
Sunday, May 18, 2025
Home News S. Korea-China box traffic grows in 2019

S. Korea-China box traffic grows in 2019

The container trade between South Korea and China grew 5.1% from the previous year to 3,176,719 TEU in 2019, despite concerns over a decline in freight movement due to the trade friction between the US and China, according to statistics compiled by the Yellow Sea Liner Shipping Council (YSLSC). Local containers increased 3.5% to 2,916,264 TEU, while feeder containers surged 26.4% to 260,455 TEU.

Shipments from South Korea to China increased 3.3% to 1,196,383 TEU. Local and feeder cargo were robust, rising 3.25% to 1,108,437 TEU and 3.83% to 80,246 TEU, respectively. Meanwhile, those from China to South Korea improved 6.29% to 1,980,036 TEU. Local containers accounted for 1,807,827 TEU, up 3.69%, while the remaining 172,209 TEU were feeder containers, which strengthened a notable 43.32%.





Latest Posts

Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...

Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...

Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...

MSC and ZIM downsize joint Far East-US East Coast service network

In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...

US sanctions target Iran-China oil trade, stirring waves across global shipping

As Washington ramps up its campaign to stifle Iranian oil revenues, a new chapter is unfolding in the ongoing tensions between the United States,...
error: Content is protected !!