Kyung-Chae Jung

K Shipbuilding Co., Ltd. engages in manufacturing ships and marine vessels such as chemical tankers, container ships, bulk carriers and ferries. The company's main business activity is building liquefied natural gas (LNG) and liquefied petroleum gas (LPG) ships, product carriers, bulk carriers, container ships, car carriers, and special ships. It is also involved in engineering, procurement and installation services for offshore facilities. The company was founded on April 10, 1967 and is headquartered in Changwon, South Korea.

Hanjin Shipping Co., Ltd. was engaged in the provision of marine transportation services. Its services included container, bulk and terminal. The company was founded in December 1988 and was headquartered in Seoul, South Korea.