Hanjin Shipping has announced today that it is joining a service connecting India and the Far East starting from the end of September. Named IFX2 (India Far East Express 2), this service is currently co-operated by PIL, K-Line and SCI and will be joined by Hanjin Shipping effective September 22nd.
According to Hanjin Shipping, IFX2 aims the Indian market where the demand continues to grow and Busan will be added to the existing calling ports considering the CEPA (Comprehensive Economic Partnership Agreement) settled between Korea and India last August.
With this service, Hanjin Shipping will be able to expand its presence in India, one of the world’s fastest growing economies with the 2nd largest population (1.2 billion) and the 12th biggest GDP (Gross Domestic Product: USD 1,209 billion). Also, Hanjin Shipping believes that its customers will be able to benefit from the company’s timely introduction of the service corresponding to the economic development between the nations.
< Note >
IFX2 (India Far East Express 2)
- Port Rotation: Xingang – Dalian - Qingdao – Busan – Hong Kong – Shekou – Singapore – Port Kelang – Madras – Vizag – Singapore – Hong Kong – Xingang
- Target Date: September, 22nd (ETD Xingang, subject to vessel schedule)
- Vessel Deployed: 2500TEU X 5 (HJS X 1, PIL X 2, K-Line X 1, SCI X 1)