Hamburg expands its ties to South Korea, with the Lufthansa manager Christopher Zimmer appointed as “Honorary Representatives of the Free and Hanseatic City of Hamburg” in South Korea’s capital Seoul. Christopher Zimmer has been working for Lufthansa for almost 30 years working in different regions of Asia, and will now continue to use his international network to deepen the ties between Korea and Hamburg.
Economic relations between Korea and the Northern European city of Hamburg have a long tradition and date back to the year 1863, when the Hamburg merchant Henry Constantin Eduard Meyer founded the first German trading company in Korea.
Intense Business Ties
Since the 1960s, the economic and cultural ties to South Korea became increasingly important. According to HWF Hamburg Business Development Corporation, some 40 South Korean companies have set up a business in Hamburg, including global maritime players such as Hanjin Shipping and Hyundai Merchant Marine. Also present in Hamburg are well-known Korean companies from the fields of wind energy, machine engineering, chemicals, and trade. South Korean companies maintain business contacts with 350 Hamburg companies. 144 companies have branches in the Asian country. They include, inter alia, traditional Hamburg companies such as Helm AG, Hapag-Lloyd, Kühne + Nagel, and Beiersdorf.
Important Trade Partner of the Port of Hamburg
More than half of all imports from Korea for the German market are handled via the Port of Hamburg. With 378,000 TEUs (20-foot standard containers), South Korea is ranked fourth among the major trading partners of the Port of Hamburg in container traffic. According to the Port of Hamburg, main import goods from Korea are chemical products and machinery, equipment and appliances. Major exports to South Korea are chemical products, food and beverages, metals and metal products. In Dezember 2010, Hamburg signed a port partnership agreement with Busan, the world’s fifth-largest container port. Liner services to the port in South KoreaÄs south-east are operated by, inter alia, Hanjin Shipping and Hyundai Merchant Marine. Like the Hamburg Port Authority (HPA), the Busan Port Authority manages the land of the old and new port of Busan as civic landlord.
Hamburg’s Korean Community
Since the 1960s, Hamburg has been popular with Korean. The Korean community comprises 3,000 people with roots in the Asian country. In Hamburg, both the Korea Trade Center (KOTRA) V. and the registered association of the East Asian Club (OAV) are headquartered. In the Elbe city, you will also find several Korean churches and associations, the Korean School (since 1975) and the Department of Korean Studies of the University of Hamburg. Closed in 1999, the Korean Consulate General was officially re-opened in March 2008.