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
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.
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