Busan Port Authority highlighted that its regular container cargo services increased five times to 268 during February 2018. The figure was based on the database q-from the global analysing institute, Alphaliner.
Specifically, the port Authority addressed that in 2015 the number of its weekly cargo services was 257, in 2016 was 268, whereas it declined in 2017 in 253 because of the bankruptcy in Hanjin Shipping.
Yet, it experienced an increase to 263 in 2018 and has fully covered as this year it reached 268 services.
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In comparison to adjacent ports, the number of services in Singapore is 333, Shanghai 256, Shenzhen is 229, Hong Kong is 204, q-and Ningbo is 170. Singapore Port q-and Busan Port ranked the first q-and second in the world.
Moreover, the number of Korea’s sea flag carriers q-and foreign-flag vessels has also rose to 129 q-and 127 respectively. Yet, the co-operating shipping route declined to 12.
In its regions, Japan accounts for the most reaching the 73 services, followed by SE Asia – 50, China – 46, North America -41 -, Europe -16 , South America – 12, Russia – 8, India – 7, Oceania – 7, ME – 6 q-and Africa – 2.
While Japanese services were – 6, China – 4, South America -2, Oceania -1, ME – 1 q-and India – 1 were increased.
On the other hand, those of SE Asia q-and North America declined to 8 q-and 2 respectively.
In particular, services of China, Japan, SE Asia q-and North America hold the 78% of entire services at Busan Port.
Therefore, the connection between the East-West q-and oceangoing route which have most shipping alliances is on evident display.
In addition, the South-North route, including South America, ME q-and Oceania, was increased to 34 q-from 29 last year proving the bolstering status of Busan Port.
