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Hanjin
The Hanjin Group () is a South Korean chaebol. The group has various industries covered from transportation and airlines to hotels, tourism, and airport businesses, and one of the largest chaebols in Korea. The group includes Korean Air (KAL), which was acquired by the founder Cho Choong-hoon in 1969, and was the owner of Hanjin Shipping (once the largest shipping company in Korea) before its bankruptcy. In 2013, Hanjin Group officially switched from cross ownership to a holding company structure with the establishment of Hanjin KAL Corporation. The group is controlled by descendants of Cho Choong-hoon, and many construction chaebols are the major shareholders of Hanjin KAL. History Hanjin started at the end of World War II, in November 1945. Early on, its biggest customer was the U.S. Army, providing the transportation of material to both Korea and Vietnam. The company signed a major contract with the US 8th Army in November 1956, and another contract in March 1966, with ...
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Hanjin Shipping
Hanjin Shipping Co., Ltd. was a South Korean integrated logistics and container transport company. Prior to its liquidation, Hanjin Shipping was South Korea's largest container line and one of the world's top ten container carriers in terms of capacity. History Cho Choong Hoon the founder of Hanjin started at the end of World War II, in November 1945 with a single truck in the port city of Inchon. Early on, its biggest customer was the U.S. Army, providing the transportation of material to both Korea and Vietnam. The company signed a major contract with the US 8th Army in November 1956, and another contract in March 1966, with all of the U.S. armed forces in Vietnam, including the Army, Navy, and Air Force. In November 1969, Hanjin made its entry into the containerized shipping business signing a deal with Sea-Land Service, Inc. In September 1970, the company opened its first container yard at the port of Busan. The late 1970s saw a major push into the Middle East with contrac ...
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Hanjin Transportation
The Hanjin Group () is a South Korean chaebol. The group has various industries covered from transportation and airlines to hotels, tourism, and airport businesses, and one of the largest chaebols in Korea. The group includes Korean Air (KAL), which was acquired by the founder Cho Choong-hoon in 1969, and was the owner of Hanjin Shipping (once the largest shipping company in Korea) before its bankruptcy. In 2013, Hanjin Group officially switched from cross ownership to a holding company structure with the establishment of Hanjin KAL Corporation. The group is controlled by descendants of Cho Choong-hoon, and many construction chaebols are the major shareholders of Hanjin KAL. History Hanjin started at the end of World War II, in November 1945. Early on, its biggest customer was the U.S. Army, providing the transportation of material to both Korea and Vietnam. The company signed a major contract with the US 8th Army in November 1956, and another contract in March 1966, with ...
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Korean Air
Korean Air Co., Ltd. (), operating as Korean Air (Korean Air Lines before 1984), is the flag carrier of South Korea and its largest airline based on fleet size, international destinations and international flights. The present-day Korean Air was established on March 1, 1969, after the Hanjin Group acquired government-owned Korean Air Lines, which had operated since June 1962. Korean Air is a founding member of the airline alliance SkyTeam and SkyTeam Cargo. It is one of the 10 airlines ranked 5-star airline, and top 20 airlines in the world in terms of passengers carried and is also one of the top-ranked international cargo airlines. Korean Air's international passenger division and related subsidiary cargo division together serve 126 cities in 44 countries. Its domestic division serves 13 destinations. The airline's global headquarters is located in Seoul, South Korea. The airline had approximately 20,540 employees as of December 2014. The airline was once known as "an ...
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Hanjin-Senator
Hanjin-Senator was achieved by combining the container fleets of Hanjin Shipping and Senator Lines, making Hanjin-Senator the eighth largest container shipping company in the world. Hanjin was Senator's majority shareholder; the two companies are run separately but combine their fleet numbers for statistical purposes. The German subsidiary carrier Senator Lines announced on February 4, 2009 that they would be ceasing operations due to the economic downturn. References {{reflist See also * Hanjin Shipping * Senator Lines Senator Lines was a German based container transportation and shipping company headquartered in Bremen. The company was formed in 1994 with the merger of DSR-Lines GmbH (Rostock) and Senator Linie GmbH & Co. KG (Bremen). Company profile DSR b ... Container shipping companies Hanjin Group ...
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Cho Won-tae
Cho Won-tae (born 25 January 1976), also known as Walter Cho, is a South Korean businessman. Walter Cho is the Chairman and Chief Executive Officer of Hanjin Group and Korean Air. He is a member of the International Air Transport Association (IATA) Board of Governors and Chairman of the SkyTeam Alliance Board. Early life Cho was born in Seoul on 25 January 1976. He is the son of former Hanjin Group chairman Cho Yang-ho, and the grandson of group founder . He has two sisters: Cho Hyeon-ah (also known as Heather Cho) and Cho Hyeon-min (also known as Emily Cho). He received an MBA from the University of Southern California in Los Angeles. For his mandatory military service, he completed alternative service under the program. Career Cho joined Hanjin Group, the parent company of Korean Air, in 2003. He became the vice-president of Hanjin Information Systems & Telecommunication, and then in 2004 was transferred to Korean Air, where he became the vice-manager of the planning team w ...
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Chaebol
A chaebol (, ; ) is a large industrial South Korean conglomerate run and controlled by an individual or family. A chaebol often consists of multiple diversified affiliates, controlled by a person or group whose power over the group often exceeds legal authority. Several dozen large South Korean family-controlled corporate groups fall under this definition. The term first appeared in English text in 1972. Chaebols have also played a significant role in South Korean politics. In 1988, a member of a chaebol family, Chung Mong-joon, president of Hyundai Heavy Industries, successfully ran for the National Assembly of South Korea. Other business leaders were also chosen to be members of the National Assembly through proportional representation. Hyundai has made efforts in the thawing of North Korean relations, despite some controversy. Many South Korean family-run chaebols have been criticized for low dividend payouts and other governance practices that favor controlling shareh ...
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Jin Air
Jin Air Co., Ltd. () is a South Korean low-cost airline. As of April 2018 it operates flights to six domestic cities and 26 international destinations. It launched its first long haul route, between Incheon and Honolulu, in December 2015. It has operated cargo services since November 2013. Jin Air is the first widebody LCC operator in Korea. In 2018, Jin Air is South Korea's second-largest low-cost carrier, carried 3.5 million domestic passengers, and 5.4 million international passengers, and accounted for an 11% share of the domestic market and a 6% share of the international market. Jin's domestic traffic has also been lower over the past three years because it has focused on the international market. History Jin Air is headquartered in Deungchon-dong, Gangseo-gu, Seoul. The name "Jin Air" was officially announced on June 15, 2008, at an opening ceremony in Seoul. Jin Air began operations in July 2008 with routes to regional destinations in South Korea. The inaugural flight ...
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Hanshin
, derived from the second kanji from and the first kanji from (but in ''on''-reading instead of ''kun''-reading), refers generally to Osaka, Kobe, and the surrounding area in the Kansai region of Japan. In the context of a region of Hyōgo Prefecture, the term is used to refer to the 8 small municipalities (Amagasaki, Ashiya, Inagawa, Itami, Kawanishi, Nishinomiya, Sanda and Takarazuka) located close to the northern coast of Osaka Bay between the two large cities of Kobe and Osaka. In some contexts, the eastern Higashinada and Nada wards of Kobe and Nishiyodagawa Ward of Osaka are also included. The name ''Hanshin'' may also refer to: * Hanshin Department Store, a chain of department stores based in Osaka * Hanshin Electric Railway, a railway that links Osaka and Kobe ** Hanshin Main Line, a line operated by the railway * Hanshin Expressway, a network of tolled highways surrounding Osaka, Kobe, and Kyoto * Hanshin Industrial Region, the industrial region encompassing ...
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Uiwang
Uiwang () is a city in Gyeonggi Province, South Korea. It is one of many satellite cities that ring Seoul, making up the Seoul Capital Area. Its largest immediate urban neighbor is Anyang. The low peaks of the Gwangju Mountains (including Moraksan) shape the local landscape. Rail transportation is important in Uiwang, which is home to the Korean Railroad Museum and Korea National Railroad College. Seoul Subway Line 1 passes through the city, as does the Gyeongbu Line. In addition, a terminal of Hanjin container shipping is located here. Geography Uiwang lies just south of Seoul. It is bounded to the east by Baegunsan (), Barasan (), the lower slopes of Cheonggyesan (), and Maebongsan (); to the south by the city of Suwon, to the west by Ansan, Gunpo, and Anyang; and to the north by Gwacheon. There are two noteworthy reservoirs in the city: Baegun Lake () at the foot of Baegunsan, and Wangsong Lake (), by the border with Suwon. Baegun Lake has a number of foreign restaurants, w ...
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Busan
Busan (), officially known as is South Korea's most populous city after Seoul, with a population of over 3.4 million inhabitants. Formerly romanized as Pusan, it is the economic, cultural and educational center of southeastern South Korea, with its port being Korea's busiest and the sixth-busiest in the world. The surrounding "Southeastern Maritime Industrial Region" (including Ulsan, South Gyeongsang, Daegu, and some of North Gyeongsang and South Jeolla) is South Korea's largest industrial area. The large volumes of port traffic and urban population in excess of 1 million make Busan a Large-Port metropolis using the Southampton System of Port-City classification . Busan is divided into 15 major administrative districts and a single county, together housing a population of approximately 3.6 million. The full metropolitan area, the Southeastern Maritime Industrial Region, has a population of approximately 8 million. The most densely built-up areas of the city are situat ...
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Korea Aerospace University
Korea Aerospace University (한국항공대학교 (Traditional Chinese: 韓國航空大學校) an'guk Hang-gong Dae-hak-gyo is a private university located in Goyang, Gyeonggi, South Korea. History Beginnings (1950s–1960s) Korea Aerospace University was established as a national school on June 16, 1952. During the Korean War, under the Charter for Transport School, which was granted by the Ministry of Transportation (which is now the Ministry of Land, Transport, and Maritime Affairs) to develop a civil aviation industry. The university primarily started as a two-year course school, solely with three departments: Department of Flight Operation, Department of Aircraft Power, and Department of Telecommunication Engineering. Its status had been elevated by 1953. After the War, the campus moved to Seoul in 1962, then to Goyang City, Gyeonggi-do in 1963, where it stands today. The school buildings were constructed, including the Hangar, the Flight Training Center, and the ...
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South Korea
South Korea, officially the Republic of Korea (ROK), is a country in East Asia, constituting the southern part of the Korea, Korean Peninsula and sharing a Korean Demilitarized Zone, land border with North Korea. Its western border is formed by the Yellow Sea, while its eastern border is defined by the Sea of Japan. South Korea claims to be the sole legitimate government of the entire peninsula and List of islands of South Korea, adjacent islands. It has a Demographics of South Korea, population of 51.75 million, of which roughly half live in the Seoul Capital Area, the List of metropolitan areas by population, fourth most populous metropolitan area in the world. Other major cities include Incheon, Busan, and Daegu. The Korean Peninsula was inhabited as early as the Lower Paleolithic period. Its Gojoseon, first kingdom was noted in Chinese records in the early 7th century BCE. Following the unification of the Three Kingdoms of Korea into Unified Silla, Silla and Balhae in the ...
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