Oregon port looks to keep S. Korean shipper
Nov 26, 2013 | 02:42 PM
| Sean Davidson
NEW YORK The Port of Portland, Ore., is working to retain Hanjin Shipping Co. Ltd. after the South Korean shipping company said it would cease operations at the port.
The port informed market participants in October that Hanjin planned to shutter its services at the port in January.
Hanjin notified the port and terminal operator that it would withdraw direct call service at Terminal 6, citing escalating costs as the primary driver for the decision.
The shipper is the largest container carrier at Portlands Terminal 6 and represents nearly 80 percent of container throughput at the terminal, averaging about 1,600 containers per week comprising all goods.....
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