STX Pan Ocean Co., Ltd.

STX Pan Ocean Co., Ltd. Profile

STX Pan Ocean Co., Ltd.
STX Namsan Tower, 631 Namdaemunno 5-ga, Jung-gu, Seoul, Korea
May 28, 1966
Mr. Lee Jong Chul, Vice Chairman & CEO
    Mr.Pae Seon Ryung, President & CEO
     
US$ 170,895,000
Sea Transportation
Shore: 762, Crew: 1,958
86 Ships
300 Ships
 

(US$ in millions except per share data)

    2009   2008   2007
  3637 9288.7 5818.7
  (98.7) 616.9 508
  (61.6) 494.3 496.9
* The figures for 2008 and 2009 are calculated after the 10:1 reverse stock split.
 
 
 
-Awarded The order of industrial service merit on the 44th Tradeday.

-Included in MSCI(Morgan Stanley Capital International) South Korea
 index.

 
 
-Development and GO-Live of SAIMS(Stxpanocean Advanced and
 Integrated Management System).
-Established Tianjin STX-Sinotrans Logistics
-Listed on the Korea Exchange[KRX]
-Won the US $3 billion Export tower
 
 
-Listed on the Singapore Exchange(SGX), first in Korea
-Awarded as the KOGAS LNG Carrier
 
 
-Majority shareholder changed to STX Shipbuilding Co., Ltd.
-Renamed as STX Pan Ocean Co., Ltd. and announced “ the second
-start ”
 
 
 
-Carried total bulk cargo of 75 million tons and recorded total revenue -of USD 1.31 billion. Credit Banks agreed debt-equity-swap of KRW
-230billion (equivalent to USD177million) which effected of 1st Apr
-2002.
-Emerging from the court-receivership as from 21st May 2002
 
 
-Expanded breakbulk liner service to the area ranging from
-North/South Americaand Europe to Far East & South East Asia,
-carrying steel products.
-Acquired four modern Pure Car and Truck Carriers through new
-building eachwith a carrying capacity of 6,500 units, marking
-formal entry into the PCTC market.
 
 
-Renamed the company Pan Ocean Shipping Co. Ltd.(POSC) effective
-April 1, 1984.
-Merged with Global Shipping Company, Samick Lines and Bowoon
-ShippingCompany in line with the Korean government’s policy
-guidelines designed torationalize oceangoing shipping industry.
-Established new breakbulk liner service from Indonesia and the other
-S.E. Asian countries to U.S.A., Europe, Far East and Middle East,
-carrying wood and steel products.
 
 
-Began breakbulk liner service carrying Korean export plywood & steel
-products to the U.S.A and Canada.
-Honored by the Korean government with the highly coveted
-achievement award for outstanding contributions to Korean industrial
-development every year consecutively through 1982.
 
 
-Awarded "LARGE-SCALE SHIPPING COMPANY" accreditation by the    -Korean government, a position of honor unparalleled in the Korean
-merchant   marine industry
-Total fleet tonnage grew by 700,000DWT of 20 vessels.
 

( Source:http:www.stxpanocean.com)

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