Hanjin Shipping Co. Ltd is the trading name of Hanjin Shipping Holdings Ltd, a global shipping and logistics company. Hanjin Shipping Company’s significant expansion since its establishment has led it to become one of the top ten container carriers in the world. The company uses Gantry cranes and operates some 60 liner and tramp trade services around the globe, which allows them to ship over 4 million TEU containers a year; with 2.3 million TEU containers being trafficked from just the terminal in Busan. Its fleet consists of some 200 containerships, bulk and LNG carriers.
Container – Transports approximately 3.7 million TEU containers a year. This service consists of 104 container ships which allows for this service to produce such an output per year. Recently, in 2010 the South Korean shipping company was the first to introduce a 10,000 TEU class carrier ship, which travels between Asia and Europe.
Bulk - This division of the shipping company delivers a variety of resources and raw materials through its ‘contract of affreightment’ with other companies. The division's ships are LNG and VLCC ships which carry crude oil and chemicals.
3rd Party Logistics– Hanjin shipping and relative, Hanjin Logistics often conspire. Their teamwork allows the shipping division to provide logistics to third parties. Its logistics network includes 13 dedicated terminals in Long Beach, Antwerp, Kaohsiung, and Busan among others and six inland logistic bases in such locations as Shanghai, Qingdao, and Port Kelang. Hanjin Shipping is expanding its 3PL and more as part of its business diversification efforts.