ORE. (Mar. 10, 2014) – Hanjin
Shipping Delivers Good News for Local Shippers
Monday, March 10, Hanjin Shipping announced that it would continue its weekly
transpacific vessel call in Portland.
announcement comes as welcome news to the hundreds of shippers who depend on
the carrier and its alliance partners to get cargo to and from international
markets in Asia. According to Hanjin’s notification to the Port, the company
will be reviewing operational performance on a quarterly basis.
has been a valued customer of the Port for 20 years, and they have an important
shipping franchise in this market.” said Sam Ruda, chief commercial officer for
the Port of Portland. “We will continue to work closely with all stakeholders
to ensure that the case remains for Hanjin and all carriers to keep cargo
moving through Portland’s Terminal 6.”
October 2013, Hanjin officials indicated to the Port and terminal operator
ICTSI Oregon, Inc. that low productivity and escalating costs needed to be
addressed at the container terminal in order for the company to remain in the
local market. Even with the decision to stay, operational conditions and labor
productivity will need to stabilize and improve for container services calling
Terminal 6 to be successful.
is the largest container carrier calling Portland’s Terminal 6. The service
represents nearly 80 percent of container throughput at the terminal, averaging
about 1,600 containers per week. Hanjin has shipping contracts with many of the
area’s largest shippers, and also provides significant vessel capacity
servicing Oregon and regional agricultural shippers. The Hanjin service
supports an estimated 657 direct jobs and $33 million in personal wages
appreciate the support, commitment and patience shown by local shippers, as
well as Hanjin, to continue this important service in Portland amidst some
rough waters,” said Ruda. “With this decision, we are hopeful that all parties
involved will work together to continue improving the competitiveness and
reputation of the container terminal.”
Port has a 25-year lease with ICTSI Oregon, Inc. for operation of the container
terminal, where Hapag-Lloyd, Hamburg Süd and Westwood Shipping also provide
container service for imports and exports. Besides containers, business lines
at the Port’s four marine terminals include autos, minerals, grain, steel, project
cargo and liquid bulks.
About the Port of Portland
Established in 1891 by the Oregon Legislature, the Port of
Portland owns four marine terminals, three airports (Portland International,
Hillsboro, and Troutdale) and five industrial parks. The mission of the Port is
to enhance the region's economy and quality of life by providing efficient
cargo and air passenger access to national and global markets.