Korea Line Corporation
KKRX:0058801,905.00
KRW
-28.00
(-1.45%)
ISIN
KR7005880000
Return %
Stock
S&P 500
1Y
6.72
13.14
3Y
15.31
80.78
5Y
-32.57
67.74
Capital Structure
KRW
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in mil. unless spec.Working Capital
KRW
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in mil. unless spec.Growth Rates
KRW
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in mil. unless spec.Quarterly Revenue
KRW
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in mil. unless spec.Quarterly Earnings Per Share
KRW
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in mil. unless spec.Quarterly Dividends Per Share
KRW
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in mil. unless spec.Company Description
- CEO
- Dong-Su Lee
- Full Time Employees
- 180
- Sector
- Transportation
- Industry
- Marine shipping
- Address
- SM R & D Center Seoul SL South Korea 07803
- IPO Date
- Apr 23, 1992
- Website
- korealines.co.kr
- Similar Companies
- Business
- Korea Line Corporation (005880.KS), a subsidiary of Samra Midas Group, provides merchant carrier services for energy resources and bulk commodities in the global marine transportation industry; its core operations encompass dedicated carrier, tramper carrier, tanker carrier, and oil carrier services for cargos including crude oil, clean petroleum products, iron ore, coal, grain, cement, fertilizer, steel products, scrap metal, and liquefied natural gas (LNG). The company owns and operates a fleet of approximately 37 vessels comprising 23 bulk carriers, 10 LNG carriers, 3 tankers, and 1 PCTC with a total deadweight tonnage of around 4 million DWT; it maintains long-term contracts with major clients such as POSCO, Korea Electric Power Corporation (KEPCO), GS Caltex, S-Oil, Vale, and Shell. Korea Line Corporation serves domestic and international markets worldwide, with a primary focus on Asia, Europe, and energy trade routes. Founded in 1968 and headquartered at SM R&D Center, 78 Magokjungang 8-ro, Gangseo-gu, Seoul, South Korea, the company traces its roots to Daehan Shipping and operates through carrier and tramper segments; it employs around 176 people and emphasizes stable revenue from dedicated long-term charters in dry bulk, wet bulk, and LNG transportation. In recent developments, Korea Line Corporation completed a private placement financing transaction issuing 1,537,390 shares in May 2025 to support operational needs; it spun off its LNG operations into wholly-owned subsidiary Korea Line LNG in 2020, which now manages 12 LNG vessels primarily for Korea Gas Corporation (KOGAS) alongside LNG bunkering services including the pioneering SM JEJU LNG2 vessel. The company commenced dedicated carrier services for Vale and signed a long-term time charter with Shell in 2020-2021, bolstering its wet bulk and LNG capabilities; fleet optimization and eco-friendly expansions continue amid global energy transition demands.