Hanjin slows U.S. East Coast string

Hanjin slows U.S. East Coast string    Hanjin Shipping said it will begin operating vessels in its “All Water Hanjin” (AWH) Asia/U.S. East Coast service at slower speeds, effective with the Jan. 20 sailing from Busan.
   Hanjin said it will add a ninth 4,000-TEU ship to the string to help it maintain schedule reliability.
   The AWH is one of the services Hanjin operates as part of the CKYH Alliance with COSCO, 'K' Line and Yang Ming. Reportedly, the lines agreed in November to slow a number of their services.
   Hanjin said the slow steaming will reduce fuel consumption and carbon dioxide emissions “in accordance with the global understanding and movement aimed to save the environment.'
   Hanjin stressed the environmental benefits of slow steaming in its announcement of the change, noting it organized a “green management team” last summer to improve energy efficiency and reduce CO2 emission by 15 percent by 2015. It also recently created a supply chain carbon calculator on its corporate Web site where customers can calculate the amount of CO2 emission of their cargo.
   The AWH service has a rotation of Qingdao, Ningbo, Shanghai, Busan, Panama, New York, Wilmington, Savannah, Panama, Busan, Pyeongtaek and Qingdao.