Heung-A Shipping Co., Ltd
KKRX:0032801,675.00
KRW
-52.00
(-3.01%)
ISIN
KR7003280005
Return %
Stock
S&P 500
1Y
-10.90
14.39
3Y
-18.29
81.42
5Y
-54.42
68.62
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Hwan-Ku Lee
- Full Time Employees
- 334
- Sector
- Transportation
- Industry
- Marine shipping
- Address
- Seoul South Korea
- IPO Date
- Jun 29, 1976
- Website
- heung-a.co.kr
- Similar Companies
- Business
- Heung-A Shipping Co., Ltd. is a South Korea-based maritime transportation and logistics provider primarily engaged in the ocean transport of liquid petrochemicals and chemical cargo, as well as integrated container and logistics services. Founded in 1961 and headquartered in Seoul, South Korea, the company operates through distinct business segments comprising Chemical Tanker Transportation, Container Liner Shipping, Logistics and Warehousing, and Real Estate Leasing. The company's core product and service offerings include the maritime transport of liquid chemicals, petrochemical products, and hazardous liquid bulk cargoes utilizing a specialized fleet of stainless steel chemical tankers ranging from 3,500 to 20,000 deadweight tonnage (DWT); container liner shipping and feeder services connecting major commercial ports; international freight forwarding and multimodal cargo transportation across sea, air, and land routes; inland trucking, terminal handling, and port stevedoring; third-party logistics (3PL) solutions, bonded warehousing, and container yard management; international passenger and vehicle ferry operations through affiliated shipping joint ventures; and commercial property management and leasing. Heung-A Shipping serves chemical manufacturers, oil refiners, industrial trading conglomerates, and global shippers across intra-Asia trade corridors, including South Korea, China, Japan, Southeast Asia, and the Middle East, while extending deep-sea shipping operations into Europe and the Americas. The company operates as a key maritime subsidiary of Sinokor Merchant Marine Co., Ltd., which holds a majority controlling stake, and maintains operational ties with domestic and international subsidiaries and affiliates, including Heung-A Logistics Co., Ltd., PT. HASPUL Indonesia, Qin-In Ferry Co., Ltd., C-K Ferry Co., Ltd., and Kookyang Logitech Co., Ltd. In recent developments, Heung-A Shipping has undertaken significant fleet expansion and route diversification to strengthen its global chemical tanker market positioning, acquiring 20,000 DWT chemical carriers to broaden commercial services into European and American markets and entering into shipbuilding contracts with Wuchang Shipbuilding Industry Group for a new series of stainless steel chemical tankers with additional vessel purchase options. Furthermore, the company continues to execute its Vision 2035 strategic growth roadmap following the structural integration of its container operations within the Sinokor Group, pursuing enhanced fleet modernization, environmental compliance, and strategic expansion within the Busan maritime logistics cluster.