Korea Line Corp has won a 20-year LNG shipping deal worth KRW1.27trn ($1.15bn). Korea Gas Corp (Kogas) awarded the Samra Midas (SM) affiliate the contract which will run through to the end of May 2037.
Korea Line is owned by SM, which also this year launched a new container firm, SM Line. As well as LNG, it is best known for dry bulk, while also having some exposure to the car carrier sector.