Busan Port ranks #5 among world's container ports

Busan Port maintained its ranking as the world's fifth-largest container port for the second consecutive year in 2005 despite the aggressive expansion of Chinese ports, a local shipowners' body said on October 9.

Busan, located 453 kilometers southeast of Seoul, handled 11.84 million TEUs of containers last year, 3 percent more than a year earlier, the Korea Shipowners Association said, citing the British magazine "Cargo Systems." TEU stands for 20-foot-equivalent unit.