https://dev.mysql.com/doc /refman/5.0/en/insert-on-duplicate.html
Isso significa no seu caso:
INSERT INTO tablename (id,columnname) VALUES (1,'//string')
ON DUPLICATE KEY UPDATE columnname=CONCAT(columnname,'//string');
http://sqlfiddle.com/#!9/bd0f4/1
ATUALIZAÇÃO Só para mostrar suas opções:
http://sqlfiddle.com/#!9/8e61c/1
INSERT INTO tablename (id, columnname) VALUES (1, '//string')
ON DUPLICATE KEY UPDATE columnname=CONCAT(columnname,'//string');
INSERT INTO tablename (id, columnname) VALUES (1, '//string')
ON DUPLICATE KEY UPDATE columnname=CONCAT(columnname,'//string');
INSERT INTO tablename (id, columnname) VALUES ((SELECT id FROM tablename t WHERE columnname='blahblah'), '//string')
ON DUPLICATE KEY UPDATE columnname=CONCAT(columnname,'//string');
INSERT INTO tablename (id, columnname) VALUES ((SELECT id FROM tablename t WHERE id=2), '//string')
ON DUPLICATE KEY UPDATE columnname=CONCAT(columnname,'//string');
INSERT INTO tablename (id, columnname) VALUES ((SELECT id FROM tablename t WHERE columnname='newone'), '//newone')
ON DUPLICATE KEY UPDATE columnname=CONCAT(columnname,'//newone');