Hanjin Shipping increases rates in Asia-Europe
and Trans-Atlantic trades

2009-03-10

Hanjin Shipping is increasing freight rates of all services in Asia-Europe and Trans-Atlantic trades beginning April 1st, 2009. The decision was made and announced to its regional offices and customers last month.

Regarding the rate increase, Hanjin Shipping comments that such a decision is necessary in order to continue providing top quality service to its customers.

< Rate Increase / Unit : USD >

- Far East/South East Asia - North Europe/Mediterranean : 300/TEU, 600/FEU

- Indian Sub Continent/Middle East - North Europe/Mediterranean : 200/TEU, 400/FEU

>> As of April 1st, dry/special/refrigerated

>> No plan for Australia - North Europe/Mediterranean

- North Europe/Mediterranean - Far East/South East Asia : 200/TEU, 400/FEU

>> As of April 1st

>> F.A.K/others 200/TEU, 400/FEU, refrigerated 200/TEU, 400/FEU,

waste 150/TEU, 150/FEU, special 100/TEU, 100/ FEU

- Trans-Atlantic Serivce West Bound : 150/TEU, 225/FEU

>> As of April 1st, dry/refrigerated

- Trans-Atlantic Service East Bound : 100/TEU, 150/FEU

>> As of April 15th, dry/refrigerated

Hanjin Shipping