S. Korea's seaport cargo volume sinks 2.3% in Feb.

South Korea's cargo volume at seaports declined 2.3 percent to 118 million tons of cargo in February from 121 million tons a year earlier.

Container cargo processed at the seaports dropped 0.9 percent on-year at 2.21 million twenty-foot equivalent units.

The ministry pointed out that added February this year had fewer working days compared with the previous year.

However, processed export-import cargo rose 0.4 percent on-year, rebounding after 14 months of decline.

According to the data compiled by the Ministry of Oceans and Fisheries, the growth was due to rising overseas demand for sports utility vehicles and eco-friendly cars, increasing 47 percent to $3.5 billion.