Jaxport and Hanjin change terminal deadline

The schedule adjustment will permit enough time for improvement of the Jacksonville harbor to a post-Panamax depth, accommodating passage of the larger container vessels Hanjin and its partners will utilize.
By Staff
January 25, 2011 - LM Editorial

The Port of Jacksonville, (JAXPORT) today announced an amended timeline for construction of a new container terminal in North Jacksonville for Hanjin Shipping Co. of South Korea.

The schedule adjustment will permit enough time for improvement of the Jacksonville harbor to a post-Panamax depth, accommodating passage of the larger container vessels Hanjin and its partners will utilize.

“After cooperating on a diligent review of our plans, we have came to the conclusion that it is in our mutual best interest to adjust the start date of this project,” said JAXPORT Board Chairman Dave Kulik. “It is anticipated that the process of constructing the Hanjin-Jacksonville terminal will begin 18 to 24 months from now, allowing for the completion of the expected deepening of the St. Johns River and the opening of the new Hanjin Terminal to coincide.”

“We have been in communication with Hanjin leadership in New Jersey and Korea to coordinate efforts to work through this delay,” said JAXPORT Executive Vice President Roy Schleicher. “During this dialogue, Hanjin has continually stressed its commitment to Jacksonville and JAXPORT. That commitment has not changed. I have worked closely with Hanjin through the years and they tell me they intend to push this project forward. Hanjin is also very proud of its recent agreement with the International Longshoremen’s Association.”

“Hanjin’s plan to stand by us as we launch renewed efforts to get the deeper water we need to attract thousands of new private sector jobs to Jacksonville is vital to our effort,” said JAXPORT Chief Executive Officer Paul Anderson.

“This decision should be seen for what it is, a prudent course of action for both Hanjin and the Jacksonville community, one that will ensure each partner realizes the maximum benefits from this joint project by ensuring that the larger container ships we must bring to Jacksonville can be accommodated from day one,” concluded Chairman Kulik.

The 90-acre, $300 million Hanjin Container Terminal will be located on JAXPORT’s Dames Point Marine Terminal, adjacent to the TraPac Container Terminal built for Mitsui OSK Lines (MOL), which opened in January 2000.



Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

A number of key topics impacting the freight transportation and logistics marketplace were front and center at a panel at the Council of Supply Chain Management Annual Conference in San Antonio last week.

The relationships between third-party logistics (3PL) service providers and shippers are seeing ongoing developments due in large part to the continuing emergence and sophistication of omni-channel retailing. That was one of the key findings of The 19th Annual Third-Party Logistics Study, which was released by consultancy Capgemini Group, Penn State University, and Korn/Ferry International, a global talent advisory firm.

Optimism in the form of increasing profits was a key takeaway in the Annual Survey of Third-Party Logistics (3PL) CEOs, released earlier this week at the Council of Supply Chain Management Professionals (CSCMP) Annual Conference in San Antonio.

Seasonally-adjusted (SA) for-hire truck tonnage in August saw a 1.6 percent increase in August on the heels of a 1.5 percent increase in July. The August SA index––at 132.6 (2000=100)––stands as a new SA high, with November 2013’s 131.0 now the second best month recorded.

Carload volumes saw a 5 percent jump compared to the same week a year ago at 302,178, and intermodal volumes hit a new weekly U.S. record at 279,777 trailers and containers.

About the Author

Patrick Burnson, Executive Editor
Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review. Patrick covers international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. Contact Patrick Burnson

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA