SK Shipping put in the shop window

South Korean private equity firm Hahn & Company is looking to sell SK Shipping, a well-known shipowning brand, with a reported goal of raising KRW4trn ($3.07bn). Hahn & Co acquired a 79% stake in SK Shipping from SK Group six years ago for KRW1.5trn, and Morgan Stanley is exploring the potential sale of the entire fleet or dividing it by segment, including tankers, dry bulk carriers, and LNG/LPG carriers. Additionally, Hahn & Company is considering selling off another shipowner vehicle it controls, H-Line Shipping.

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