1949~1959
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.
60, Yeouinaru-ro, Yeongdeungpo-gu, Seoul,
Republic of Korea
(Post Tower)
02-6716-3000