SK Shipping to Become Asia's Largest LNG Carrier Operator After H-Line Asset Swap

SK Shipping to become Asia’s largest LNG carrier in trillion-won fleet swap

SK Shipping will become Asia’s largest LNG carrier operator and rebrand as K-LNG through a trillion-won fleet reshuffle orchestrated by private equity owner Hahn & Co.. The company will acquire 16 liquefied natural gas carriers from sister company H-Line Shipping in exchange for 12 oil tankers and approximately $300 million in cash, Hahn & Co. said Thursday. The deal will give SK Shipping a fleet of 32 LNG carriers, placing it among the world’s three largest LNG shipping companies, according to

By The Korea Herald