Hanjin Shipping will continue to seek out more opportunities for its terminal-handling business both to support its own global service network and to offer third party services.
The Korean line’s terminal business currently operates 14 different dedicated terminals in Asia, including at Busan, the world’s fifth largest box port, plus Japan, Vietnam and Taiwan. In North America, the company runs facilities at Long Beach, Seattle, and Oakland, while in Europe it operates at Antwerp and Algeciras.
“We are reviewing the possibility of developing new projects in other areas including Rotterdam, Jakarta and more,” said Young-Kyu Song, the chief executive of the line’s container business unit.
He said investments were made on the basis of maximizing synergy between Hanjin’s linter and terminal business. “However,” he added, “we also try to attract other major shipping carriers to our terminals so as to strengthen our presence as a major terminal operator and create new sources of profit.”