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South Korea's SK Shipping will become Asia's largest LNG carrier operator through fleet restructuring and will be renamed K-LNG.
SK Shipping of South Korea will become Asia's largest LNG carrier operator through fleet restructuring and will be renamed K-LNG. 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. This move will bring SK Shipping's LNG fleet to 32 vessels, making it one of the top three global LNG shipping companies. The restructuring was orchestrated by private equity owner Hahn & Co.
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