Hanjin Shipping

Hanjin Shipping Co. Ltd. is a Korean provider of ocean shipping and logistics services and it is Korea's largest carrier that operates some 60 liner and tramper services transporting over 100m tons of cargo annually all over the world. Its fleet consists of some 146 containerships, bulk carriers, and LNG carriers. The company is worth KRW 5 trillion and earning KRW 6 trillion annually.

A member of the Hanjin Group, Hanjin Shipping has several subsidiaries including Keoyang Shipping and Senator Lines GmbH, and affiliates including logistics IT specialist CyberLogitec, Pyeongtaek Container Terminal Co, Ltd., Hanjin Pacific, and Hanjin Shipping Management.

Hanjin Shipping has a global business network with three regional headquarters, 200 overseas branch offices, and 30 local corporations, earning about 90% of its total revenue from 3rd party business overseas.

Hanjin Shipping's logistics network includes 11 dedicated terminals in Long Beach, Tokyo, Kaohsiung, and Busan among others and six inland logistic bases in such locations as Shanghai, Qingdao, and Port Kelang. An additional dedicated terminal in Busan New Port of the development Phase 2-1 is scheduled to open for business in 2009.  

Hanjin Shipping operates an international network that covers 70 major ports in 35 countries on six continents, including inland transportation capabilities.  In addition, Hanjin Shipping is represented in 53 countries through approximately 200 offices and agents.

Its revenues, in 2008, were KRW9.35 trillion.