DSR-SENATOR TO REPORT FIRST PROFITS
DSR-Senator will return to profitability this year after years of losses,
a senior executive of parent company Hanjin Shipping said.
Sooho Cho, chairman of Hanjin Shipping, said that DSR-Senator will make a
profit in calendar 1999, for the first time since it was acquired by Hanjin in early 1997.
DSR-Senator, originally named Senator Lines, has never made a profit since it
was established in 1987.
DSR-Senator also recently reshuffled its board of directors, following the
appointment of Wook Kim, its new president.
DSR-Senator’s current senior management consists of Wook Kim; S. H. Lee, vice
president, corporate services; Y. S. Choi, vice president, finance; and J. Steffens,
executive vice president, marketing and logistics.
