S. Korean Cargo Volumes Less in May

Cargo processed at the country's seaports shrank by 5.3% from a year earlier in May 2013.

The decrease was thought partly due to a drop in outbound shipments to the United States and European countries, report Yonhap, citing the South Korea government.

The amount of cargo handled at the country's seaports came to 109.5 million tons in May, down 5.3 percent from the same period last year, according to the Ministry of Oceans and Fisheries.

Source: Yonhap News Agency