COMPANY

SM Korealine Corporation respects the value of its customers as a global energy / resource transportation company.

History

2014~
year 2020
Acquired the ownership of SM VENUS 2
Acquired the ownership of SM GEMINI 1
year 2019
2 LNG Carriers(174,000 CBM) long-term time contract for Shell
18,000 CBM LNG Bunkering Vessel long-term time contract for Shell
Commenced CVC for S-OIL, GS CALTEX
Acquired the ownership of SM JEJU LNG(LNG Bunkering Vessel & Carrier)
Acquired the ownership of SM WHITE WHALE1, 2(OIL Tanker)
Acquired the ownership of SM VENUS1(OIL Tanker)
year 2018
Ordered two VLCC Bulkers
Signs CVC contract with S-Oil(2 VLCC) to transport Oil for 5 years
Ordered two VLCC Bulkers
Signs CVC contract with GS Galtex(2 VLCC) to transport Oil for 5 years
Signs COA contract with Vale(2 VLOC) to transport coal for 25 years
year 2017
Placed an order for construction of two VLOCs.
Placed an order for construction of two Kamsarmax Bulkers
Placed an order for construction of two LNG carriers
Acquired the ownership of SM Seahawk (LNG Tanker)
Signed a 20-year contract to deploy two LNG carriers(SM Eagle and SM Seahawk) with Korea Gas Corporation (KOGAS)
Acquired the ownership of SM Eagle (LNG Tanker)
Acquired the ownership of SM Osprey (Oil & Chemical Tanker)
year 2016
Incorporated Korea Shipping Corporation
Acquired the ownership of SM Diamond (Bulk Carrier)
Signed a consecutive voyage charter (CVC) contract of Medium Range (MR) Tankers
Acquired the ownership of two Medium Range (MR) Tankers
Acquired the ownership of SM Donghae2 (Bulk Carrier)
Acquired the ownership of SM Puma (Bulk Carrier)
Acquired the ownership of SM Dragon (Bulk Carrier)
Acquired the ownership of SM Emerald (Bulk Carrier)
Acquired the ownership of SM Lion (Bulk Carrier)
Acquired the ownership of SM Donghae
year 2015
SSigned a contract of affreightment (COA) with GS Donghae Electric Power Corporation to transport bituminous coal
Acquired the ownership of K. Asian Beauty
Acquired the ownership of SM Tiger
year 2014
Signed a contract to deploy two LNG carriers with Korea Gas Corporation (KOGAS) for Shale Gas Projects
Placed an order for construction of two Ultramax carriers
Signed two COAs with SNNC to transport nickel ore
Acquired the ownership of Okra (Bulk Carrier)
Signed a contract of affreightment (COA) with Korea South-East Power Corporation (KOSEP) to transport bituminous coal
Signed a contract of affreightment (COA) with Korea Southern Power Corporation (KOSPO) to transport bituminous coal
1968~2013
year 2013
Joined SM group
Ordered four VLOCs.
year 2010
Took delivery of 2 VLCCs, 3 capesize vessels,5 supramax verssels
year 2009
Korea Top Awards
Took delivery of 4 capesize vessels
year 2008
Headquarter relocated to Samsung-dong
Secured 15 year COAs with Korea South-East Power Co.,Ltd(KOSEP)and GLOVIS respectively
Ordered 9 Vessels including 7 VLCCs, 1 VLOC and 1 MR Tanker
Took delivery of LNG Carriers, "K Jasmine" and "K Mugungwha"
year 2007
Ordered 16 Vessels,including 1 VLOC and 11 Capesize Bulkers
Acquired the K_OHSMS 18001:2001 Certificate
year 2006
Ordered 11 Vessels including 2 A framax and 4 MR Tankers
Established Korea Line(Singapore)Pte.,Ltd.
Opened Shanghai Office
Acquired ISO 14001:2004 Certificate
year 2005
Awarded with 2LNG Carriers by KOGAS for Sakhalin/Yemen Projects
year 2004
Secured 18 years COA with Korea Southem Power Co.,Ltd(KOSPO)
year 2000
Took delivery of 2LNG Carriers, "k.Acacia"and"K.Freesia"
year 1996~97
Completed Corporate Identity Program(CTP)
year 1996
Commenced Specialized Carrier Business with 2 Dedicated coal carriers under the COA with KEPCO
year 1994~96
Acquired both ISM Code and ISO 9002 Certificates for shore organization and vessels simultaneously from KR and BVQI
year 1994
Opened Pohang Office
year 1992
Listed stocks on the Korea Stock Exchange
year 1991~92
2 Dedicated Hotcoil Carriers deployed under the COA for POSCO
year 1986~90
9 Capesize ore/coal Carriers deployed under the COA and POSCO
year 1986
Opened Gwangyang Office
year 1985
Secured coastal marine transportation service for POSCO
year 1984
As per Shipping Industry Rationalization Program initiated by the Government,KLC Group had merged Korea Merchant Marine, acquired shares of Yu-Kong Line Co.,Ltd. and Pan Continental Shipping Co.,Ltd, and took over the fleet of Korea Express Inc.
year 1983
Received the Tower of Trade Awards for achieving 50 Milion dollar exports on th 7th Marine Day
year 1982
Opened Pohang Office
year 1981
The late Mr.Maeng_Kee Lee awarded with the
year 1979
Merged with Hanil Marine Co.
year 1978
Commenced a conventional liner service to West Coast of U.S.A.
year 1977
Honored with the President's Award during the 1st Marine Day
year 1976
Initiated the dedicated service in Korea Shipping Industry
Commenced specialized carrier business(ore/coal)under the Contract of Affreightment(COA)with POSCO
year 1975
The late Mr.Maeng_Kee Lee appointed as the Chairman of Korea Veterans Association
year 1974
Founded KLC Mutual Aid Fund
Formed the Employee Stock Ownership Association
year 1973
Opened Tokyo Office
year 1970
Opened Busan Office
year 1969
Took delivery of M.T."Gloria" as the first owned vessel
Acquired the Marine Transportation Service License
year 1968
Company established by the late Founder Mr.Maeng_Kee Lee