Japan’s Exports Fall for Fourth Month as US Shipments Tumble
Japan’s exports fell for the fourth consecutive month as US President Donald Trump’s tariffs continued to cloud the prospects for global commerce, especially for trade involving the US.
Hanjin Shipping announced that it received two 8,600TEU class containerships on January 18th.
Named Hanjin Hamburg and Hanjin New York, are the second and the third of the series of five 8,600TEU class ships received from Hyundai Samho Heavy Industries. These vessels are known to be equipped with a fuel-efficient and eco-friendly engine that can reduce fuel consumption and CO2 emission.
According to Hanjin Shipping, the vessels will be deployed in the carrier’s PSX (Pacific South Express) service soon after the delivery, at the end of January.
W.W. Lee, Deputy President and Chief Executive of Container Business Unit at Hanjin Shipping commented, “We are confident that the deployment of these large, state-of-the-art vessels will improve schedule reliability and enhance our customer service.” He added, “We are now in the process of establishing an optimum fleet portfolio by investing in various sizes of containerships ranging from 4,000TEU to 10,000TEU. We will certainly continue with these efforts to strengthen our presence as the world’s leading shipping carrier.”
The rest of the series are scheduled to be delivered during this year.
Series Specifications:
[Photo: Hanjin Boston courtesy Hanjin Shipping]
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