Hanjin Shipping will join a service connecting India and the Far East, starting on September 22nd.
The India Far East Express 2 (IFX2) is currently co-operated by PIL, K-Line and SCI.
According to Hanjin Shipping, Busan will be added to the existing port rotation following last month's signing of the Comprehensive Economic Partnership Agreement (CEPA) between Korea and India.
The IFX2 port rotation will be: Xingang > Dalian - Qingdao > Busan > Hong Kong > Shekou > Singapore > Port Kelang > Madras > Vizag > Singapore > Hong Kong > Xingang.
Five 2,500 vessels will be deployed on the service: two from PIL and one each from Hanjin, K-Line and SCI.
The IFX2 service will enable Hanjin Shipping to expand its presence in India - one of the world's fastest growing economies with the 12th highest GDP (US$1,209 billion).
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