Korea’s SK Shipping, H-Line Swap Tankers to Create LNG Giant
AI Summary
South Korean shipping firms SK Shipping Co. and H-Line Shipping Co. plan to swap tankers and contracts, forming one of the world's largest LNG carrier operators. The deal is backed by private equity firm Hahn & Co.
South Korean shipping companies SK Shipping Co. and H-Line Shipping Co. — both owned by private equity firm Hahn & Co. — will swap tankers and contracts to create one of the world’s largest operators of liquefied natural gas carriers.