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Tankers and Gas Strait of Hormuz crisis Energy

SK Shipping boosts LNG fleet as global energy concerns grow

  • Owner Hahn & Co will hand rebranded SK Shipping 16 LNG carriers with H-Line Shipping contracts, in exchange for 12 tankers and $300m in cash
  • Reshuffle creates two specialists — K-LNG with 32 LNG carriers and 14 LPG vessels, and H-Line as a dedicated tanker and bulker operator
  • Long-term contracts bet comes as LNG spot rates soften amid tension at Hormuz, a chokepoint carrying up to 25% of global LNG

  • News

A bigger fleet would help SK Shipping win market share as AI and chip demand lift long-term gas transport needs, the owner said

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