- CEO
- Jae-Ho Yoo
- Full Time Employees
- 17
- Sector
- Transportation
- Industry
- Air freight/Couriers
- Address
- Busan South Korea
- IPO Date
- Sep 15, 2023
- Business
- STX Green Logis Co., Ltd. is a South Korea-based maritime transportation and logistics company specializing in ocean freight shipping, vessel chartering, and comprehensive ship management services. Established in September 2023 following a horizontal corporate spin-off from STX Corporation and headquartered in Seoul, South Korea, the company serves industrial clients, commodity trading houses, and logistics providers across global maritime routes spanning the Asia-Pacific, the Middle East, Europe, and the Americas.
The company organizes its operations across shipping, vessel leasing, and maritime management divisions. Its primary products and services include dry bulk carrier transportation services for major raw materials such as iron ore, thermal and coking coal, agricultural grains, nickel ore, fertilizers, and finished steel products; chemical and product tanker transportation services for clean petroleum products, petrochemicals, and specialty liquid chemicals; vessel chartering and freight brokerage solutions, including voyage charters, time charters, contract of affreightment arrangements, and bareboat charters; comprehensive third-party ship management services, covering technical maintenance, crew recruitment and management, marine safety compliance, vessel classification inspections, and hull preservation; and end-to-end maritime logistics services, including port agency operations, cargo handling, customs coordination, and multimodal freight forwarding.
In recent corporate developments, STX Green Logis completed its corporate division from STX Corporation and successfully debuted as an independently listed entity on the Korea Exchange under the ticker KRX:465770, establishing a specialized operating platform focused entirely on marine logistics. To comply with tightening International Maritime Organization decarbonization targets and carbon intensity standards, the company has advanced fleet efficiency initiatives, incorporating fuel-saving technologies and evaluating eco-friendly vessel acquisitions. In addition, STX Green Logis has expanded its long-term transportation and chartering agreements with global resource developers and industrial conglomerates to secure steady recurring cash flows, while broadening its third-party vessel management partnerships throughout key Asian shipping hubs.