Hanjin Shipping

Hanjin Shipping

Hanjin Shipping is the world’s ninth-largest container shipping company worldwide and number one in Korea, with a fleet of 200 vessels. Founded in South Korea in 1949, Hanjin is present in 60 countries with approximately 6,000 employees.

Hanjin Shipping — an operating company of Hanjin Shipping Holdings — posted revenue of KRW 9.88 trillion in 2013, down 2.9 percent from the previous year. The company posted a net loss of KRW 307.6 billion, up 53.3 percent from the previous year’s net loss of KRW 143.6 billion.

Hanjin Shipping was the fifth-ranked container carrier in U.S. containerized import trade in 2013, with volume of 1,150,210 TEUs, up 5.2 percent year-over-year, giving it market share of 6.4 percent. It was No. 7 in U.S. containerized export trade in 2013, with volume of 611,128 TEUs, up 10.1 percent year-over-year and market share of 4.8 percent. For more carrier rankings see the JOC’s Top 40 Container Carriers special topic.

14 Jul 2015
After losing power and nearly running aground, the Hanjin San Diego has arrived at its destination.
Lumber shipments at Port of Portland, Ore.
17 Apr 2015
The almost complete cessation of liner services at the Port of Portland will add significantly to inland transportation costs incurred by exporters of agricultural and forest products in Oregon and Idaho, the executive director of the Agriculture Transportation Coalition said Thursday.
Portland cranes
17 Apr 2015
The most damaging aspect of the exodus of two major container lines from the Port of Portland, Oregon, last month was the loss of more than 650 trade and transportation jobs in Oregon, the port’s executive director says.
08 Apr 2015
Hapag-Lloyd notified its Pacific Northwest customers on Tuesday that it has ended its service to Portland because of “schedule integrity” problems.
24 Feb 2015
Most West Coast ports were bustling with activity this week as marine terminals order full vessel, yard and gate work crews, and International Longshore and Warehouse Union dispatch halls are filling all of the orders.
Terminal 6, Port of Portland, Oregon
11 Feb 2015
Hanjin Shipping so dominated the container business at the U.S. West Coast Port of Portland that the carrier’s decision to sever direct calls early next month will have a deep impact on a community it has worked with for more than 20 years.
09 Feb 2015
Longshoremen in Portland refused to work on Monday, making it four days in a row that a Hanjin Shipping Co. vessel has been sitting idle at the Pacific Northwest port’s only container terminal.
27 Jan 2015
Leading container shipping groups are under fire from a safe shipbreaking campaign group for continuing to send vessels to "sub-standard" beach demolition yards on the Indian sub-continent.
26 Jan 2015
The new carrier mega-alliances are set to shake up market share on the key Asia-North Europe liner trade while shippers will benefit from a greater choice of services, and probably lower freight rates, according to Drewry Shipping Consultants.
17 Dec 2014
Another set of historic rate increases are on tap for the trans-Pacific, as the 15 members of the Transpacific Stabilization Agreement announced hikes totaling $1,000 per FEU.
04 Dec 2014
The CKYHE Alliance this week received U.S. regulatory approval to further integrate its newest member, Evergreen Line, into its vessel-sharing agreement covering the trans-Pacific and trans-Atlantic trade lanes.
01 Dec 2014
Hanjin Shipping has opened third-party representative offices at nine hinterland locations in India to cater to the fast rising export demand from the subcontinent region.