The South Korean city of Gyeongju, North Gyeongsang province, was hit by a 5.8 magnitude earthquake in the evening of Monday 12 September, 2016, the largest seismic activity reading since 1978, in local ports were also involved, according to local news.
Investigations were carried out to assess the damage to ports in the area, so far no major damage has been reported; nuclear stations and an LNG station were also affected by the earthquake.
22 aftershocks had been felt before 10pm; local residents were warned they were to carry on throughout the night.
Read: Top Ports at Risk Of Disaster
The South Korean economy, which is heavily reliant on shipping and shipbuilding, has taken a hit recently as the industries continue to slump and Hanjin Shipping faces bankruptcy.
The South Korean president, Park Geun-hye stated recently that a ground-breaking restructuring of the shipbuilding industry is necessary for the shipping industry to survive.
