History

1949    ​ Eusu Holdings traces its roots back to Korea Shipping Corporation.

            The company was established on Dec. 23, 1949, and it was one of the first state-owned 

            enterprises established after the founding of the Republic of Korea Government.

1950     Commenced commercial operations with a total of 25 vessels, including five owned 

            vessels and 20 vessels chartered from the government, totaling 43,344 gross tons. 

1952     Published He Gong, the first company newsletter in Korea.

1954     Opened London office.

1954     Launched the Cheon Ji, the first oil tanker in the Korean shipping industry.

1956     Listed on Korean stock market when Daehan Stock Exchange was established.

1957     Converted to a corporation governed by Commercial Act due to abolition of 

            Special Act on Korea Shipping Corporation.

1962     ​Launched regular cargo transport service between Asia and the West Coast of the U.S.

1964     Acquired newly built passenger ship Arirang ana begun regular passenger service to Japan

1967     Expanded regular cargo transport service to New York.

1967     Received its first newly built vessel named Altair, which was 8,477 deadweight tons.

1968     Underwent full privatization.

1971    ​ Divided the regular cargo service between Asia and the U.S. into two routes: one from 

            Asia to the West Coast and another from Asia to New York.

1974     Opened the New York branch office.

1971     Published Hae Gong, the first company newsletter in Korea.

1975     Joined the Far Eastern Freight Conference (FEFC).

1976     Established KS America Inc., a subsidiary in the U.S.

1979     Was acquired by Seoju Industry.

1980    ​ Changed the Korean company name while keeping the English name the same.

1980    ​ Merged Seon Ju Sang Seon under government-initiated shipping industry rationalization.

1987     Hanjin Group took over the company.

1988     Completed the merger with Hanjin Container Lines and changed the company 

             name to Hanjin Shipping Co., Ltd.

1989     Joined the Trans Pacific Stabilization Agreement (TSA).

1990     Signed a contract to transport U.S. supplies to the Middle East Gulf War. 

1991     Opened an exclusive container terminal in Long Beach, U.S. (Pier-C).

1992     Established the Southwest Asia Regional Headquarters.

1993     Established the China Regional Headquarters.

1998     Organized the United Alliance, which is a consortium involving DSR-Senator, Cho Yang, and UASC.

1999     Completed the installation of the Global Maritime Distress and Safety System (GMDSS) on all vessels.

2000     Established CyberLogitec, an IT subsidiary.

2001     Established TTI LLC (Total Terminal International), a terminal operator joint venture.

2002     Certified to OHSAS 18001 (Occupational Health and Safety Assessment Series) for the first time 

             as a Korean shipping company.

2003     Appointed Sooho Cho as chairman.

2004     Named on Forbes 400 A-List companies.

2005     Named one of Asia's Fab 50 Companies by Forbes Asia.

2006     Established the Yanghyun Foundation.

2006     Established Hanjin SM, a ship management subsidiary.

2008     Merged with Keoyang Shipping, a dry bulk shipping company.

2009     Converted to a holding company structure with Hanjin Shipping Holdings (holding company), 

             and Hanjin Shipping operated as a subsidiary.

2010     Published Hanjin Shipping ∙ History of 60 Years.

2011     Chairwoman Eunyoung Choi received the Order of Civil Merit from Spain, 

             being the first person in the shipping industry to be honored with this distinction.

2011     Achieved the first annual containerized cargo volume of 4 million TEUs  

             in the Korean shipping industry.

2014     Hanjin Shipping Holdings underwent a merger through division, incorporating 

             subsidiaries HJLK and Hanjin SM, while separating Hanjin Shipping.

2014     Rebranded the corporate name to EUSU.

2015     Established subsidiaries – Mondo Bridge, operating F&B business, and Triples, 

             providing international parcel forwarding services.

2015     Opened Terrace One, a retail building used for commercial real estate leasing.

2020     Acquired retail properties for leasing business—Terround in Sinchon and Terra249 in Hannam-dong.

2021     Established Ginger9, a subsidiary operating a mobile app.

2021     Relocated headquarters to Yeouido Post Tower.