South Korean Fleet Reshuffle Creates Asia’s Largest LNG Carrier Operator

Why it matters

This is a corporate restructuring within the shipping sector involving LNG carriers, creating a larger operator in Asia but representing routine business activity without broad market or credit implications.

Sources

• OilPrice.com

  South Korean Fleet Reshuffle Creates Asia’s Largest LNG Carrier Operator

  South Korean private equity firm Hahn & Co plans to reshuffle the liquefied natural gas tanker fleets of its shipping companies SK Shipping and H-Line Shipping to create Asia’s biggest and the world’s third-largest operator of LNG carriers. Under the agreement announced by the…