Shinhan Freight Systems Ltd.

Introduce

Introduce History
Jan. 1984 Hyop Woon Enterprises Ltd., was founded in Seoul, Korea with capital of Won 100 Million as a subsidiary of Hyop Woon Shipping Ltd., for the purpose of an individual development of freight forwarding business sepa- rately from the shipping agency in Hyop Woon Shipping Ltd.
Nov. 1986 Hyop Woon Enterprises Ltd., increased the capital to Won 150 Million.
Feb. 1987 Purchased a licensed trucking company with 32 trailers(Shinhan Freight systems Ltd.,)with the capital of Won 120 Million who has also a Forwarding company's license.
Oct. 1988 Hyop Woon Enterprises Ltd. increased the capital to Won 300 Million.
Dec. 1988 Hyop Woon Enterprises Ltd., obtained the Air Freight Forwarders license
July. 1990 Shinhan Freight Systems Ltd., increased the capital to Won 270 Million.
Dec. 1990 Hyop Woon Enterprises Ltd. established a joint venture coperation "Kosmo International Inc." located in New Jersey U.S.A.
Oct. 1991 Shinhan Freight Systems Ltd., increased the capital to Won 400 MIllion.
Dec. 1991 Shinhan Freight Systems Ltd., increased the capital to Won 550 Million.
Dec. 1992 Hyop Woon Enterprises Ltd., increased the capital to Won 400 Million.
Nov. 1995 Established China branch office at Qingdao for China business.
May. 1996 Shinhan Freight Systems Ltd. bought 7,798㎡ of factory building and it's vicinty site located in 857 Hogye-Dong Yagsan city for the purpose of building up bonded warehouse.
Dec. 1996 Hyop Woon Enterprises Ltd. was merged into Shinhan Freight Systems Ltd. with the capital of Won 929,600,000.
Feb. 1997 Shinhan Freight Systems Ltd. obtained bonded warehouse license from Yang san Custom House(Pat. No. 033-11-44-0).
Feb. 1997 Shinhan Freight Systems Ltd. completed the construction for bonded warehouse and commenced it's operation.
Oct. 1999 Shinhan Freight Systems Ltd. signed agreement with B.D.P in Philadelphia in U.S.A. and reinforced Air Cargo and NVOCC business.
Dec 1999 Shinhan Freight Systems Increased the capital to Won billion.
Feb. 2000 Shinhan Freight System Ltd. established Air Cargo office in Balsan- Dong Kangsu-Ku, Seoul to activate business cooperation with B.D.P
Oct. 2001 Obtained the shipping agency licence from the government
Oct. 2001 Signed the agency agreement with SCF oriental line for the service between East Europe Via TSR, Russia and Korea.
Dec. 2002 Signed the agency agreement with Maly Port co,. Ltd Lussia.
Jul. 2008 Signed the agency agreement with ICP Pte Ltd leasing company.