The Path K-LNG Has Taken
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2026
- Changed company name to K-LNG (effective November 1, 2026)
- Relocated head office to Busan
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2022
- 40th anniversary of the company's founding
- Signed a long-term LNG transportation contract with Petronas (4 vessels)
- Signed a long-term LNG transportation contract with QatarEnergy (5 vessels)
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2021
- Signed a long-term LPG transportation contract with Trafigura (5 vessels)
- Signed a long-term LPG transportation contract with AltaGas (2 vessels)
- Signed a long-term LNG transportation contract with Mitsui (1 vessel)
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2020
- Awarded LNG carrier transportation rights from SK E&S (1 vessel)
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2019
- Awarded LNG carrier transportation rights from SK E&S (1 vessel)
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2018
- Relocated head office (Seoul Square)
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2017
- Hwang Eui-kyun appointed President
- Awarded VLOC transportation rights from Vale (2 vessels)
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2016
- Obtained international certification for LNG carrier training courses
- Selected as one of the Top 100 Job-Creating Companies
- Awarded LNG carrier transportation rights from SK E&S (2 vessels)
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2015
- Selected as one of the Top 100 Job-Creating Companies
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2014
- Achieved 100 voyages per year in bulk liner services
- Awarded operating rights for two KOGAS LNG carriers (KC-1 type)
- Converted seafarers to permanent employees (all Korean seafarers)
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2013
- Acquired and integrated the business of ship management subsidiary SK SM
- Baek Seok-hyun appointed CEO
- Awarded LNG carrier transportation rights from TotalEnergies (2 vessels)
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2012
- 30th anniversary of the company's founding; dedication ceremony for the company history book
- Established SK B&T
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2011
- Introduced a fleet system in the Marine Division (reorganized into Marine Planning, Fleet 1 and Fleet 2)
- Held the Vision Proclamation Ceremony
- Opened Beijing representative office
- Established ship management subsidiary SK SM
- Signed a KRW 120 billion long-term transportation contract with Korea Midland Power (KOMIPO)
- Signed a bunkering business contract with Goil Banco of Ghana
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2010
- Reorganized and realigned functions (established the S&P Division, RM Division, etc.)
- Established the Marine Division
- Signed an MOU with Magsaysay, a Philippine crew manning company
- Signed a long-term iron ore transportation contract with Glovis
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2009
- Hwang Kyu-ho appointed CEO
- Reorganized the Strategic Management Division into the Management Support Division and the Growth Strategy Office
- G.Commandar achieved 2.5 million LTI-free man-hours
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2008
- Established Greek subsidiary (SK Shipping Greece Ltd.)
- Opened Kaohsiung office, Taiwan (SK Shipping Kaohsiung Office)
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2007
- Opened Houston office, USA (SK Shipping Houston Office)
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2006
- Received the USD 300 Million Export Tower Award on Trade Day
- Ordered newbuilds (9 VLCCs, 2 LRs, 1 VLGC and 2 HMXs)
- Flood relief and recovery activities
- Habitat for Humanity volunteer activities
- Opened Shanghai office, China (SK Shipping Shanghai Office)
- Launched the ethics management website
- YK Sovereign achieved 200 accident-free voyages
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2005
- Obtained ISO 14001 and OHSAS 18001 certifications
- Held a meeting with small and medium-sized partner companies
- Launched the integrated certification system
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2004
- Launched the corporate volunteer group
- Took delivery of newbuilds (two crude carriers and one product tanker)
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2003
- Took delivery of newbuilds (one crude carrier and one product tanker)
- Lee Jung-hwa appointed CEO
- Established Shenyang SK Zhengchang Environmental Co., Ltd., a Korea-China joint venture in the environmental business
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2002
- 20th anniversary of the company's founding
- President Lee Seung-kwon inaugurated as Governor of the Korea Sea Scouts Federation
- Rebuilt ClickSea, the company-wide integrated IT system
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2001
- Awarded operating rights for KOGAS LNG Carrier No. 18
- Ordered three newbuild double-hull very large crude carriers (D/H VLCC)
- Ordered two newbuild product tankers (MR)
- Launched the SnowPack system (temperature-controlled logistics solution)
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1999
- Established London subsidiary (SK Shipping Europe Ltd.)
- Established STELLAR Shipping, a Korea-Japan joint venture
- Introduced an annual salary system for all employees
- Obtained Y2K certification for the entire owned fleet
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1997
- Changed company name from Yukong Shipping Co., Ltd. to SK Shipping Co., Ltd. following the SK Group CI change
- Awarded operating rights for KOGAS LNG Carriers No. 12 and No. 16
- Entered the stevedoring business at Gunsan Port
- Entered the reefer (refrigerated cargo) shipping business
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1996
- Awarded operating rights for KOGAS LNG Carriers No. 5 and No. 8
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1995
- Established a Korea-China joint venture company in Dalian, China
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1994
- Established Singapore subsidiary (SK Shipping Singapore Pte.)
- Became a full member of the Deep Seabed Resources Development Consortium (selected as the leading company in the transportation sector)
- Obtained ISO 9002 and ISM certifications
- Signed a long-term coal transportation contract for bulk carriers with KEPCO
- Launched LNG transportation services (took delivery of newbuild YK. SOVEREIGN, Korea's second national LNG carrier)
- Relocated head office (SK Namsan Building, Seoul)
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1993
- Expanded bunkering business into the North Pacific and the Arafura Sea
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1992
- Launched product tanker business
- Expanded bulk carrier business into the Capesize segment
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1991
- Launched CY/CFS services upon completion of the Yangsan and Gunsan logistics depots
- Launched chemical tanker business
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1990
- Established Weidong Ferry, a Korea-China joint venture car ferry company
- Awarded operating rights for KOGAS LNG Carrier No. 2
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1989
- Expanded bunkering business into the Atlantic Ocean
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1988
- Launched LPG transportation services (took delivery of ULSAN GAS)
- Relocated head office (Kyobo Building, Seoul)
- Expanded bunkering business into the Indian Ocean
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1987
- Launched bunkering business (South Pacific)
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1983
- Launched bulk carrier services (PANAMAX and HANDY; took delivery of bulk carrier K. CHALLENGER)
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1982
- Company founded (Daeyeongak Center, Seoul)
- Launched crude oil transportation services (took delivery of crude carriers YUKONG LEADER and YUKONG PIONEER)
- Signed a long-term contract with Yukong Ltd. for the transportation of Middle Eastern and Ecuadorian crude oil