Hanjin Shipping says it plans to leave Portland

PORTLAND — A South Korean shipping line that badly needs to cut costs plans to leave the Port of Portland, threatening the Northwest economy, increasing costs to big importers and putting at risk the viability of the port’s international container terminal.

The Oregonian reports Hanjin Shipping Co. Ltd., the Port of Portland’s biggest trans-Pacific container carrier, has made plans to pull out of Portland.

The move would jeopardize the international container terminal because prices could increase substantially for the remaining two carriers.

A Hanjin spokesman says container handling costs and low longshore labor productivity made Portland too expensive.

The longshore union and the port operator, locked in a contract dispute, blamed each other for Hanjin’s decision.

Hanjin has lost more than $100 million this year.

More in Local News

Woman badly burned in north Everett house fire

Two men escaped unharmed from the burning home on Lombard Avenue.

House passes ban on bump-fire stocks

If the Senate approves, Gov. Jay Inslee is expected to sign it into law.

Man charged with rape, manslaughter of teen dying from overdose

Brian Roberto Varela’s arraignment is scheduled for Monday.

Unitarian Universalist Congregation puts faith to work

Its “religiously liberal” members are open to differing creeds and doctrines.

Aid crews get a dose of digital medicine

iPad app does the math for them so aid crews are free to treat children

Boy, 15, pleads guilty to kicking death of teen in Marysville

Prosecutors are seeking 30 days behind bars, which is the higher end of what’s allowed for minors.

No injuries after fire ravages vacant Marysville house

Firefighters could not prevent flames from causing damage throughout the interior of the home.

Spikes put end to ride from Seattle to Everett in stolen car

Two men were taken into custody at the bottom of Marine View Drive off I-5.

2 arrested after Marysville shooting leaves man brain dead

The victim had shown 1 suspect — a friend — a stack of money he won at the casino, police said.

Most Read