Overview

Company
Introduction

Pan Ocean is Korea’s representative global shipping company.

History

Pan Ocean will continue to take on challenges to achieve its vision of becoming a global leading shipping and logistics company.

2015~Present

2026
  • 2026.06Obtained the ISO 37001·ISO 37301 certification

  • 2026.02Acquired 10 secondhand VLCCs linked to long-term transport contracts

2025
  • 2025.06Ordered two eco-friendly VLCCs
  • 2025.06Pan Ocean and FORCEM opened the “HR TRAINING CENTER”
  • 2025.06Signed an MOU with Vietnam’s Khai Anh for Supply of US Feed Grains

2024
  • 2024.11Held a naming ceremony for Qatar Energy LNG carrier 1, 2 & 3
  • 2024.09Pan Ocean containership departed for public-private cooperated “autonomous navigation demonstration”
  • 2024.08Delivery of the first LNG carrier under long-term contract with Shell, “NEW BRAVE”
  • 2024.06Signed an MOU with HD Hyundai for “Maritime AI Solution Business Cooperation”

2023
  • 2023.12Obtained the ISO 45001 certification
  • 2023.12Awarded “Report of the Year” in the sustainability report category at the “2023 Korea Management Awards” hosted by the Korea Management Association
  • 2023.11Obtained AA grade in AEO certification from Korea Customs Service

  • 2023.07Full-fledged entry into the global LNG bunkering market
  • 2023.01Full-fledged entry into the global LNG transportation market
Full-fledged entry into the global LNG transportation market“NEW APEX” an LNGC to fulfill long-term contract signed with GALP
Full-fledged entry into the global LNG bunkering market“NEW FRONTIER2” an LNGBV to fulfill long-term contract signed with Shell

2017 ~ 2022
  • 2022.08Concluded long-term Time Charter Contract with QatarEnergy for 5 LNG carriers
  • 2021.11Business expansion into VLCC market (two VLCCs)
  • 2021.04Concluded a long-term Time Charter Contract with Shell for LNG bunkering vessel
  • 2020.12Concluded a long-term Time Charter Contract with Shell for LNG carriers
    Concluded a long-term Time Charter Contract with GALP for LNG carriers
  • 2020.09Acquired 36.25% shares of EGT to vitalize the agri-trading business
  • 2017.11Concluded a long-term COA with VALE for iron ore transportation
  • 2017.02Concluded a long-term COA with SUZANO
Entered the ultra-large crude carrier (VLCC) marketTo enhance the market response through business portfolio expansion
Concluded a long-term transportation contract totaling KRW 719.6 billion with SUZANO,the world’s largest pulp producer in Brazil
2015 ~ 2016
  • 2016.05Held an event to celebrate the 50th anniversary
  • 2016.03Concluded a long-term transportation contract for iron ore with Vale of Brazil
  • 2016.02Completed the first voyage of mother ship for agri trading business
  • 2015.07Became an affiliate of Harim Group
    Established the "Agri-Trading Dept." to promote agri-trading business