The Hanjin Shipping Co. CEO’s recent comment that he expects the U.S-Asia trade lane to return to profit next month is good news for Jacksonville, Miss. His positive forecast bodes well for robust volumes the planned container Dames Point terminal, which is slated to open late 2013. It also means that more of Hanjin’s cargo could come through the port starting mid-June.
Hanjin will have capacity on the port’s new service to Southeast Asia, which begins June 13. Through its partnership with K-Line, one of the service’s operators, Hanjin can put its customers’ cargo on the service that calls on Vietnam and Singapore.