Hanjin Shipping Is First Korean Carrier To Sign With OceanSchedules.com

Parsipanny, N.J., September TBD, 2007 - As a further testament to the growing global adoption of e-commerce solutions by the shipping industry, OceanSchedules.com today announces that world-class carrier Hanjin Shipping, based in Seoul, Korea, is the first carrier in Korea to list its schedules with the service.

"The vision of OceanSchedules.com is to provide the most convenient and comprehensive online source for sailing schedules.  I am delighted that Hanjin Shipping, a world-class carrier and leader in the maritime industry shares this vision and is the first of many regional carriers to offer the convenience of searching online sailing schedules using oceanschedules.com," said Harry Sangree, Managing Director of OceanSchedules.com.

A free online search service for shippers and forwarders, OceanSchedules.com provides the most comprehensive access to global carrier schedules, enabling ocean carriers to quickly and easily search global voyages. Users have access to over 6 million voyage records and can search and book from a single page with customized parameters for more relevant results.  An exclusive Schedule Manager also allows users to streamline searches by date, day of the week and carrier preference with no need to download data or install software.

"With the addition of Hanjin Shipping, OceanSchedules .com can provide an enhanced search experience to users and further our commitment to provide the most convenient and comprehensive search service,” said Sangree. "The addition of Hanjin Shippingpositively enhances our user search experience and is an important step towards expanding our search services with the provision of more data to our ocean schedules user community."

About OceanSchedules.com

OceanSchedules.com is based in Parsippany, NJ. The web site is free to all shippers and forwarders and offers free schedule hosting to all carriers. Using advanced Web-based technology, OceanSchedules.com delivers global, comprehensive carrier schedules with an interactive interface that enables shippers and forwarders to more quickly and easily search global voyage data. The site also provides advertisers with the opportunity to target transportation planners and freight buyers of ocean shipping based on their search interests.

For further information visit www.oceanschedules.com. Or contact Andy Barrons, Vice President of Marketing, at +1.973.265.2208, Harry Sangree, Managing Director, OceanSchedules.com, at +1.973.265.2272 or email: feedback@oceanschedules.com.

About Hanjin

Headquartered in Seoul, South Korea, Hanjin Shipping is a world-class global shipping carrier that operates some 60 liner and tramper services, transporting over 100 million tons of cargo annually all over the world. Its fleet consists of some 200 containerships, bulk carriers, and LNG carriers. Hanjin Shipping has a comprehensive global business network with three regional headquarters, 200 overseas branch offices, and 30 local corporations. Hanjin Shipping's world-class logistics network includes 11 dedicated terminals in Long Beach, Tokyo, Kaohsiung, and Busan, among others, and six inland logistic bases in Asian locations such as Shanghai, Qingdao, and Port Kelang.