4. Busan Port - South Korea
Busan Port is located at the mouth of the Naktong River, South Korea. It is the world's fifth largest container port and the largest transit port in Northeast Asia. Busan Port is located at the mouth of the Naktong River, South Korea. It is the world's fifth largest container port and the largest transit port in Northeast Asia.
During the Korean War (1950-1953), in addition to Jeju City, Busan was also the only city not occupied by the North Korean army. After the war, Busan became an autonomous city and the center of major Korean industries such as shipbuilding, automobile manufacturing, steel, electronics, chemicals, ceramics and paper. In January 2004, the Busan Port Authority (BPA) was established to develop, manage and operate Busan Port in order to make Busan Port a world-class port.
To date, Busan Port has handled nearly 40% of Korea's total maritime cargo, 80% of its container cargo, and 42% of its fisheries production. The port handles nearly 130 ships a day. Busan Port plays an important role in Korea's international trade and economy. It is one of the world's largest container ports and handles millions of TEUs of cargo each year. The port is also responsible for a large portion of Korea's exports and imports and is an important hub in the global supply chain.
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