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Crude oil transportation is the backbone of our business at SK Shipping. It¡¯s how we started the company. Twenty years on, we are the largest crude oil transporter in South Korea, with more tankers than any domestic rival. Our success is based on financial stability and unparalleled customer service. We give the customer the service they want, at a price they can afford.
Major long-term contracts ensure a secure financial base, not only for the division, but also the company as a whole. Our vessels transport almost one-third of all crude oil used in South Korea. In return, our major customers guarantee all costs, plus a margin of profit.
Given our years of operational expertise, experience and our solid reputation, our distinguished client list includes some of the world¡¯s largest oil companies.
But we refuse to be complacent about our leading position. We are constantly pursuing new business opportunities. New business also means we can also guard against the volatile nature of the tanker market. In addition, some of our vessels are involved in spot trading -- their numbers depend on the prevailing economic circumstances.
A further area for future growth is serving the burgeoning demand for crude oil in China. We are constantly striving to find new ways to better serve this burgeoning market. This includes setting up joint ventures with other companies to secure the most competitively-priced vessels with the best available services.
With confidence that we can provide a first-rate operation to any customer, anywhere around the world, we have increased our fleet. We got deliveries of 3 new double-hull VLCCs in 2003 and 2004, and ordered 9 more ones in 2006 and 2007. Looking ahead, SK Shipping will aggressively consolidate its regional position while expanding its global presence.







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Chartering
Mr. S.C. Lee /
  Deputy Senior Manager
Tel : 822-3788-8641
Fax : 822-3788-8771
Crude@skshipping.com
Operation
Mr. H.Y. Eun /
  Manager
Tel : 822-3788-8635
Project
Mr. S.C. Lee /
  Deputy Senior Manager
Tel : 822-3788-8641


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