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About JAXPORT

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The 90-acre Hanjin Shipping Container will be able to dock two Post-panamax vessels simultaneously. In December 2008, JAXPORT executives and representatives of the Hanjin Shipping Company of Seoul, Korea signed a 30-year lease agreement calling for construction of a 90-acre container facility at the Dames Point Marine Terminal in north Jacksonville. The lease contains an option for further expansion. The $300 million Hanjin Container Terminal at Dames Point is expected to open for business by summer 2013 and will be a key hub operation for Hanjin's east coast port activity.

The new agreement is expected to create more than 5,600 new private sector jobs in Jacksonville and support operations in trucking, distribution and related services. The terminal will generate nearly $1 billion in annual economic impact.

Construction of JAXPORT's Hanjin Container Terminal should take about 24 months, following the design and permitting process. The new terminal will be located immediately northwest of the TraPac Container Terminal at Dames Point.

As South Korea's largest container carrier, Hanjin moves more than 100 million tons of cargo annually and operates in more than 50 countries, which also makes the company the sixth largest container carriers in the world. In the U.S., Hanjin subsidiary Total Terminal International presently runs dedicated terminal operations in Seattle, Long Beach and Oakland. The Hanjin Container Terminal will be the company's first dedicated U.S. operation outside the west coast, a strategic move meant to capitalize on the expansion of the Panama Canal and the anticipated increase in container traffic along the east coast.

Here are a few key facts about the new terminal:
  • As part of the CKYH Alliance, Hanjin is allied with China-based China Ocean Shipping Co. (COSCO), Japan-based Kawasaki Kisen Kaisha Ltd. ("K" Line) and Taiwan-based Yang Ming Line.
  • The Hanjin fleet includes some 200 containerships and bulk and liquefied natural gas carriers.
  • Hanjin's lease with JAXPORT spans 30 years, with an option for a 10-year extension.
  • JAXPORT will design, permit and finance the Hanjin terminal project and perform and complete the construction.
  • The terminal will include two berths able to accommodate post-Panamax vessels.
  • Terminal capacity is designed for annual handling of more than 800,000 twenty-foot-equivalent container units, or TEUs.
  • A dual operating system will utilize rubber-tired gantries and rail-mounted gantry cranes.
  • A computerized operating system will facilitate free flow of information between the terminal, customers and government agencies.

For more information
Terminal development contracts for bidding

Hanjin Container Terminal info on our companion news website

Hanjin/JAXPORT in the media

For additional information about JAXPORT or the Hanjin Container Terminal, please contact JAXPORT's Director of Communications Nancy Rubin at nancy.rubin@jaxport.com or by phone at (904) 357-3012.




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