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South Korea-Japan box trade falls

Containers on the South Korea-Japan trade amounted to 153,200 TEUs in August, down 1% year on year, according to statistics compiled by the Korea Nearseas Freight Conference (KNFC). Local containers accounted for 53,200 TEUs, down 10%, consisting of 28,000 TEUs from South Korea to Japan, down 8%, and 25,200 TEUs from Japan to South Korea, down 12%. Local containers suffered the first double-digit contraction in 10 years, or since 2009.

Source: JIFFA