A Hanjin vessel sits in the Prince Rupert harbour.

Rupert one port Hanjin may pull from: report

Prince Rupert is one of four ports shipping line Hanjin is contemplating pulling service from, according to a published report.

Prince Rupert is one of four ports shipping line Hanjin is contemplating pulling service from, according to a report published by The Oregonian.

The report indicates the company is looking to withdraw from either Prince Rupert, Portland, Seattle or Vancouver, but lists Prince Rupert and Portland as the two most likely candidates based on the tonnage handled compared to the two larger cities.

The report came the same day Hanjin released its 2013 business results which showed significant losses. Although the amount of freight being handled by Hanjin actually grew six per cent, the shipping rate fell 6.5 per cent and the result was a container division operating loss of 316 billion Korean Wan (KRW) which is equal to $324 million Canadian. Across all aspects of business, the company experienced a net loss of 680.2 billion KRW, equivalent to $698 million Canadian.

In the business results report, the company said one of the strategies to achieve profitability in 2014 is the “merger or withdrawal of non-profitable container and bulk services, cutting costs in variable freight costs and fuel costs”.

While senior Hanjin official Chang Woo Park told the Northern View he was unaware of any such plans, Prince Rupert Port Authority manager of corporate communications Michael Gurney said the potential is on the port’s radar.

“We are aware of the current thought in the industry and Hanjin’s thoughts,” he said.

“We continue to work with shippers and build relations. The Port of Prince Rupert has made a concerted effort to be aware of and address the needs of all shippers and Hanjin is no exception.”

Just Posted

Kurka keeps thing official

The longtime hockey referee has been on the ice in Prince Rupert for more than 30 years

Rampaging towards the playoffs

The Prince Rupert Rampage beat the Terrace River Kings 8-5 on Jan. 20

Sweet tradition returns: Sugar Shack 2018

The 2018 Sugar Shack festival celebrates Francophone culture in Prince Rupert Jan. 24-27

Joie de vivre

Finding those “awe” moments with family, friends and food

Christians unite for one service in Rupert

Father Terry Brock is hoping to unite all of Prince Rupert’s Christians under one roof for one night

This Week Episode 68

From inside the Northern View office in Prince Rupert we bring you all the news headlines

Carriers wanted for the Northern View

We have open routes for carriers all over Prince Rupert

VIDEO: Dramatic video shows return of B.C. snowboarders

Two snowboarders were rescued near Rossland, B.C. on Sunday after being lost overnight.

Tom Brady leads Patriots back to Super Bowl, top Jaguars 24-20

New England to face winner of Sunday night’s game between Minnesota and Philadelphia on Feb. 4

Liberals quietly tap experts to write new paternity leave rules

Ideas include creating an entirely new leave benefit similar to one that exists in Quebec

Insurers say Canadian weather getting hotter, wetter and weirder

Average number of days with heavy rain or snow across Canada has been outside norm since spring 2013

Final phase of MDMA-assisted psychotherapy trials to kick off in B.C.

Doctors hope to get psychedelic-assisted psychotherapy legalized in Canada and the U.S. by 2021

VIDEO: Thousands join women’s march events across B.C.

Today marks one year since the first Women’s March on Washington

Two Canadians, two Americans abducted in Nigeria are freed

Kidnapping for ransom is common in Nigeria, especially on the Kaduna to Abuja highway

Most Read