▣ Hanjin Shipping, a world-class global shipping logistics company
   ☞ Aims to be recognized, respected, and trusted by the world as the premier logistics company

Hanjin Shipping is Korea's largest carrier that operates some 60 liner and tramper services transporting over 100 million tons of cargo annually all over the world. Its fleet consists of some 200 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 comprehensive 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 world-class 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 conterminal in Busan New Port of the development Phase 2-1 is scheduled to open for business in 2009.

Furthermore, our repair shipyard in China scheduled for completion in early 2008, will provide efficient repair services not only for our own vessels but for other carriers, thereby functioning as an additional revenue-generating source.

Hanjin Shipping’s seamless international shipping service was recognized by the Best Carrier Awards by Global Shippers Association in 2003 and by Fred Meyer in 2004.

Hanjin Shipping won Good Partner Awards by Target Store and Best Buy in 2005 and was named the Ocean Carrier of the Year by Owens Corning in four consecutive years in 2006.

In 2006, Hanjin Shipping earned KRW 6.05 trillion with KRW 149 billion in operating income and KRW 460 billion in net income. HJS' shareholder-focused management is reflected in the decision of the Board of Directors to pay out cash dividends for seven years in a row. For 2006, HJS targeted to earn USD 6.3 billion with USD 245 million in operating income.

In early 2003, Hanjin Shipping allied with COSCON of China, Yang Ming of Taiwan, K-Line of Japan, and Senator Line of Germany to form 'CKYHS Alliance,' the world's largest strategic alliance. The CKYHS Alliance has enabled Hanjin Shipping to sharpen its competitive edge by broadening its service coverage, offering Express Services, and sharing space with the allies to lower costs.

The further plans of the CKYHS Alliance include joint operation of regional feeder services and joint development of terminals in Asia, the United States, and Europe.

To achieve its goal of becoming "the premier logistics company recognized, respected, and trusted by the global community," Hanjin Shipping will continue to enlarge and efficiently operate its fleet, acquire more dedicated terminals, and reinforce its core businesses including container and bulk shipping. In addition, Hanjin is bringing 3PL business on track and building a shiprepair yard as part of its business diversification efforts.