Hanjin Shipping has announced today that it is launching a dedicated feeder service between Korea and Japan starting from August 24th, 2008.

KJS (Korea-Japan Service) is a dedicated feeder service in which one 400 TEU vessel will rotate between Busan-Tokyo-Osaka-Busan once a week.

The main purpose of this service includes promoting sales within Asia and reducing vessel operation time while transshipping the Japanese local cargo to Europe and the U.S.

Furthermore, Hanjin Shipping expects that the introduction of this new KJS will minimize the bottleneck situation at Asian ports for the services that call Japan. Also, transshipment at the company’s dedicated terminal in Busan will be another benefit for the company as well as its customers.

Especially, instead of having to secure vessel space from feeder lines case by case, Hanjin Shipping will be deploying its own ship that will enable the company to provide its customers with stable supply of vessel space even during the peak seasons.

Meanwhile, Hanjin Shipping plans on expanding its feeder network along with the existing services in Persia, Singapore, Bangladesh and North China.

< Note >

KJS (Korea-Japan Service)

- Rotation: Busan-Tokyo-Osaka-Busan

- Vessel deployed: 400TEU X 1 (HJS)

- Target Date of Launch: August 24th, 2008 (ETD Busan)

source: hanjin