South Korea's seaports processed 7.29 million twenty-foot-equivalent units (TEUs) of container cargos in the first quarter, rising 1.3 percent on-year from the previous year's 7.19 TEUs, according to the Ministry of Oceans and Fisheries.
Meanwhile, processed export-import cargo surged 4.5 percent on-year to reach 4.24 million TEUs in the first quarter.
The ministry attributed the growth to increased trade with China and Canada.
The ministry expects container cargo volume to be processed at South Korea's seaports to further increase due to the global vaccine inoculation program and economic stimulus measures by major economies.


Standard Chartered Q1 Profit Hits Record on Wealth and Investment Banking Growth
T-Mobile Beats Q1 Earnings Expectations on Strong Postpaid Growth
Markets Stay Strong Despite Oil Shock Concerns as Earnings Drive Investor Confidence
China’s Ultra-Cheap EV Boom: Why Electric Cars Cost Far Less Than in the U.S.
Oil Prices Surge Near $120 as U.S.-Iran Tensions Threaten Global Supply
Trump Signals Prolonged Blockade Strategy Against Iran Amid Rising Tensions
Iran-U.S. Conflict Escalation Threatens Global Oil Supply and Economic Stability
Australia Targets Meta, Google, and TikTok With New News Payment Tax Proposal
Microsoft Azure Growth Forecast Beats Expectations Amid Rising AI Competition
WuXi AppTec Stock Surges on Strong Q1 Earnings and CRDMO Demand Growth
Nippon Express Stock Jumps as Elliott Investment Signals Strong Foreign Interest in Japan Logistics Sector
Wall Street Surges to Record Highs Amid Strong Earnings and Economic Stability
Asian Stocks Slip as Oil Prices Surge and Fed Signals Inflation Risks
Dollar Holds Near Two-Week High as Fed Hawkish Shift Lifts Yields, Yen Near Intervention Zone
Gold Prices Hold Steady as Iran War and Interest Rate Outlook Weigh on Markets
TSMC Exits Arm Holdings with $231 Million Share Sale Amid Strategic Portfolio Shift 



