HANJIN SHIPPING DEPLOYS TWO NEW 5,600-TEU SHIPS

HANJIN SHIPPING DEPLOYS TWO NEW 5,600-TEU SHIPS

   Hanjin Shipping is upgrading the tonnage it uses in its transpacific and
Asia-Europe container services by introducing two new 5,600-TEU vessels.
   The two ships, "Hanjin Amsterdam" and "Hanjin
Copenhagen," will be deployed within Hanjin’s "Pacific Southwest Pendulum
1" service, operated by Hanjin, DSR-Senator and Cho Yang within the United Alliance
on the route from North America to Asia and Europe and back.
   The vessels are the first two of a series of seven 5,600-TEU containerships
chartered from German finance and ship owning company Conti Reederei and built by the
Hanjin shipyard.
   They will replace smaller ships of 4,500-TEU chartered by DSR-Senator and Cho
Yang, which will switch to the United Alliance’s "Pacific Southwest Pendulum 2"
service.
   Hanjin will introduce three more 5,600-TEU vessels in 2000 and two more in
2001.