By linking the JaxPort with Asian trade lanes, Hanjinâs planned terminal and the TraPac terminal would boost cargo trade, reportsÂ jacksonville.com.
After eighteen months the work on the cargo terminal in Jacksonville remains on hold until it’s clear how deep the ship channel will be.
Hanjin Senior Vice President Mike Radak said last week that until âthere is dredging to get to deeper water, itâs status quo.â
The several hundred million dollars deepening costs would be split between the federal government and JaxPort.
Dredging Today Staff, June 18, 2012; Image: jaxport