Hanjin Shipping deploys additional 6,500TEU vessel to Far East Europe service

(2008-02-21)

Hanjin Shipping announced today that it is deploying an additional 6,500TEU vessel to its FEX (Far East Europe Express) service.

Hanjin Chongqing, which was christened at Hyundai Heavy Industries in Ulsan City today, is the last in a series of the eight 6,500TEU vessels ordered back in 2004 and 2005.

As well as the seven 6,500TEU vessels delivered earlier, Hanjin Chongqing is equipped with the state-of-the art engine, which allows the ship to speed up to maximum 27 knots with minimum fuel consumption. Moreover, the ship is air pollution-free as the engine completely burns the fuel.

Hanjin Shipping reveals that this 6,500TEU vessel will replace the existing 5,500TEU ship that is currently deployed in FEX service. As a result, all vessels running in the service will be upgraded from 5,500TEU to 6,500TEU. The company expects that this additional supply of vessel space will help stabilize the transportation of its customers’ cargos.

Furthermore, Mr. Y.M. Kim, COO of Hanjin Shipping adds “We will continue to give our best to establishing ourselves as a leading total logistics service provider by quickly responding to market changes as well as customer needs.”

Notes

Hanjin Chongqing Specifications:
- Weight: 80,800 DWT (Dead Weight Ton)
- Container Loadable Capacity: 6,655 TEU
- Engine Output: 93,000 HP
- Width: 40 M, Length: 304 M (Twice as large as a football stadium)

FEX (Far East Europe Express) Service Rotation:
Xingang – Gwangyang – Busan – Yantian – Singapore – Hamburg – Rotterdam – Felixstowe – Singapore – Kaohsiung - Xingang

Source: Hanjin Shipping