HANJIN SHIPPING : History

1949: 1949.09 Enactment of Korea Shipping Corp. Act; 1949.12 Korea Shipping Corp. incorporated
1950: 1950.01 Operations begin of Korea Shipping Corp.; 1950.07 Twenty ships commandeered by navy due to Korean War
1952: 1952.05 Start of first service to Southeast Asia; 1952.07 Introduces Pusan (6,020DWT) from Sweden; 1952.12 Publishes company newsletter “Hae Gong”
1954: 1954.08 Introduces Korea’s first oil tanker ChunChi
1956: 1956.03 Lists on Korean stock market (among first companies on the local exchange)

1962: 1962.10 Opens regular route to US
1964: 1964.01 Acquires newly built passenger ship Arirang and begins service to Japan
1968: 1968.11 Korea Shipping Corp. completely privatized
1972: 1972.12 Introduces Korea’s first ore-carrying vessel Kimhae (55,985DWT)-Launches dedicated vessel service for POSCO
1975: 1975.06 Joins Far East Freight Conference (FEFC); 1975.10 Introduces Korea’s first full container ship, Korean Leader (1,100TEU)
1977: 1977.04 Launches container service to Europe; 1977.05 Hanjin Container Lines Ltd. (HJCL) established Chairman Choong Hoon Cho
1978: 1978.10 HJCL launches regular service to Middle East - Chongsuk

1979: 1979.03 HJCL launches regular service to US West Coast
1982: 1980.02 Changes Korean name to ‘Daehan Seonjoo’ from ‘Daehan Haeun Gongsa’
1983: 1983.09 Starts transport of bituminous coal for KEPCO
1986: 1986.01 HJCL begins regular All-Water US East Coast route; 1986.07 Reefer Container Service launch; 1986.09 Seattle Dedicated Terminal open
1987: 1987.06 KSC and HJCL merge Changes company name to Hanjin Shipping Co., Ltd. (HJS)
1988: 1988.03 Hanjin Group takes over KSC, which becomes part of the Group; 1988.12 Signs agreement to transport POSCO hot coil products

1989: 1989.01 Withdraws from FEFC; 1989.03 Joins Transpacific Stabilization Agreement (TSA)
1990: 1990.01 Acquires Hanjin Pittsburg (38,393DWT), hot coil transporting dedicated vessel; 1990.07 Applies HANCOS (Hanjin Container Computerized Online System) booking system to on-field operations; 1990.11 Signs agreement to transport US goods during Gulf War, and dispatches 3 vessels, including Hanjin Dubai
1991: 1991.01 Starts pendulum service (Europe-Asia-US West Coast); 1991.03 Opens dedicated terminal (Pier-C) at Long Beach; 1991.05 Selected as operating company for third KOGAS(Korea Gas Corporation) LNG carrier; 1991.10 Opens Australia route

1992: 1992.06 Applies HANSCON (Hanjin Stowage Control System); 1992.10 Publishes company magazine, “Hanjin Haeun”; 1992.12 Opens Southwest Asia Regional Headquarters
1993: 1993.01 Acquires first training ship Hanjin Malta (4,000TEU); 1993.08 Starts MEGA-FAX service for customers
1995: 1995.01 Builds global service network with opening of Transatlantic route; 1995.02 Hajin Group acquires Keoyang Shipping; 1995.04 Establishes Korea Submarine Telecom (joint venture with Korea Telecom); 1995.09 Signs long-term contract to transport LPG for PEDCO (Korea Petroleum Development Corp.)
1996: 1996.01 Begins hiring foreign crew members (Indonesian); 1996.03 Hires Korea’s first female maritime officer; 1996.06 Exceeds container vessel tonnage of 100,000 TEU

1997: 1997.02 Signs agreement to acquire DSR-Senator
1998: 1998.03 Forms United Alliance with DSR-Senator, Choyang Shipping and UASC; 1998.07 Builds submarine cable ship Segero for KT Submarine
2000: 2000.03 Establishes IT subsidiary, CyberLogitec Co.,Ltd
2001: 2001.04 Invests in GT Nexus portal site and participates in membership; 2001.06 Establishes Hanjin Logistics (HJL)
2002: 2002.06 Opens dedicated terminal(Pier-T) at Long Beach; 2002.09 Dissolution of United Alliance

2003: 2003.01 Sooho Cho appointed Chairman of Hanjin Shipping; 2003.03 Accredited by Bureau Veritas Quality International for Quality, Environmental and Health & Safety Management Systems
2005: 2005.02 Hanjin Shipping listed on Forbes 400 A-List Companies2005
2006: 2006.09 Established vessel management company Hanjin Ship Management
2007: 2007.05 Implemented company-wide process innovation
2008: 2008.07 Agreed to merger with Keoyang Shipping, bulk-oriented subsidiary
2009: 2009.05 Busan New Port Terminal Phase 2-1 to begin operation; 2009.12 Launched Hanjin Shipping Holdings on December 1st
2010: 2010.04 Launched ALPS(Advanced Logistics Pathfinder System) , new advanced IT system; 2010.06 Deployed first 10,000TEU class container vessel, Hanjin Korea; 2010.07 Opened dedicated terminal in Algeciras, Spain
2011: 2011.03 Deployed "Hanjin Ras Tanura", first own VLCC; 2011.03 Opened Vietnam Tan Cang Cai Mep terminal