Hanjin Shipping announced the official opening of its dedicated terminal in Algeciras, Spain as of today.
Since February, 2008, when Hanjin Shipping was selected as the preferred bidder for developing a dedicated terminal in Algeciras, Spain, it took over 2 and half years for the company to complete the construction.
The Algeciras Terminal, in which Hanjin Shipping’s years of experience and up-to-date technology in terminal development and operation is adopted, is Spain’s first terminal with automated yard system. Situated in Spain’s largest port and sitting on a land of 350,000 ㎡, it can accommodate mega-sized container ships over 10,000TEU class and handle maximum of 1,560,000TEU annually.
With the strategic location of the terminal, Hanjin Shipping believes that it will serve as the shipping/logistics hub in the Mediterranean region by major shipping carriers.
Eun Young Choi, Chairwoman& CEO of Hanjin Shipping comments, “This new terminal in Algeciras, Spain, which neighbors with Africa, will allow us to set forth into the African market where the economic growth is expected to come gradually. It will also help us make stronger presence in markets including North Europe, East Coast of U.S. and South America.”
Prince Felipe of Spain addressing the opening ceremony comments,”Today is a very meaningful day for this great port and the city of Algeciras. Personally, I did not want to miss today’s event because as many of you may know, I was here 8 years ago to attend the ceremony for laying the corner stone for the expansion of Isla Verde Exterior.”
He adds,” I am honored to inaugurate the official opening of the Total Terminal International Algeciras of Hanjin Shipping.”
Currently, there are 6 liner services operated by Hanjin Shipping that call Algeciras Terminal and numerous feeders connecting the nearby areas including the ports in Spain, Portugal, North and North-West Africa.
Meanwhile, besides the existing 13 terminals around the globe, Hanjin Shipping is planning to opening new dedicated terminals in Tan Cang-Cai Mep, Vietnam in 2011 and Jacksonville, U.S. in 2013.