Hanjin Shipping took delivery of a new capsize vessel from Hyundai Heavy Industries on June 16th 2009. The vessel, the Hanjin Sines, has a double hull fuel tank and a more efficient engine than earlier models. At 180,000 DWT, a width of 45 meters and a length of 284 meters, the ship has a capacity of 199,500 cubic meters. It can cruise at a speed of 15.3 knots.

Hanjin expects to haul primarily iron ore and coal on the ship. Hanjin Shipping operates 92 bulk vessels, including 20 capsize ships. The company owns 33 vessels and charters another 59.

Mr Young Min kim president & CEO of Hanjin Shipping said that "I appreciate all the hard work put into constructing this fine ship. Though we are going through a hard phase in the world's economy, Hanjin Shipping will take every opportunity available in this crisis in order to continue our journey to becoming the world's leading total logistics company."

(Sourced from Hanjin Shipping)