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Environmentally-friendly and clean, LNG consumption is set to increase worldwide. At SK Shipping,
we are uniquely qualified to ride this surge in demand. We are started as pioneers in the transportation
of LNG, now we are experts.
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SK Shipping is the world¡¯s first owner and operator of all three types of LNG carriers (Moss, Technigaz
Membrane and Gaz Transport). Our vessels carry LNG to South Korea -- the world¡¯s second largest
importer of liquefied natural gas, after Japan.
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Five of our vessels are contracted to the monopoly Korea Gas Corporation. The agreements with
KOGAS provide a steady income stream for SK Shipping and a rock-solid financial base for operations.
In turn, KOGAS knows it can rely on us for safe and expert passage of their load.
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Their confidence in us was illustrated last year when KOGAS awarded SK Shipping an additional
22-year contract. This, in the face of fierce competing bids from other world-class shipping companies.
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The bidding process showed us at our best. We were able to construct a multi-million dollar partnership
with a consortium of parties including other shipping lines and trading houses
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We can command this kind of support because of our first-class management capability, financial
stability and excellent track record. Our partners trust us. They know we are in business for the
long-haul. And our customers trust us because of our technical knowledge, expertise and uncompromising
safety management.
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Building on our powerful position, we are now marketing our expertise to clients worldwide. Taking the
same strengths that made us a regional leader, we are pursuing contracts around the world.
Future growth areas include India, China and the Middle-East. We are set to seize a prime position
in the global LNG transportation market.
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