Hanjin to continue shipping at Port of Portland

Mar 11, 2014 | 03:58 PM | Sean Davidson

Tags  scrap, Port of Portland, Hanjin Shipping, exports, Sam Ruda, Hapag-Lloyd, Hamburg Sud Group, Westwood Shipping Lines Terminal 6

NEW YORK — Hanjin Shipping Co. Ltd. will continue its weekly trans-Pacific vessel call at the Port of Portland in Oregon, nearly four months after it first threatened to exit due to escalating costs and low productivity, the port said March 10.

The South Korean shipping company is the single-largest shipping provider for containerized scrap metal exports out of Portland. Its potential exit was expected to impact mostly ferrous scrap market participants (amm.com, Nov. 27) as very little nonferrous scrap is shipped from the port.....





Latest Pricing Trends

Poll

Are you stocking more inventory today than 18 months ago?

Yes
No


View previous results