H-Line Shipping Co., Ltd.
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H-Line Shipping Co., Ltd. - overview
Established
2014
Location
Seoul, -, South Korea
Primary Industry
Logistics & Distribution
About
Based in South Korea, H-Line Shipping Co. , Ltd. is a logistics firm specializing in maritime transportation, including bulk shipping and LNG services, ensuring efficient and reliable delivery of goods across global markets. Founded in 2014 in Seoul, South Korea, H-Line Shipping Co.
, Ltd. focuses on maritime logistics. The company underwent a significant transaction in May 2020 when Hahn & Company, Hana Securities, and NH Investment & Securities acquired it for KRW 1. 8 trillion.
The CEO is Myeong-deuk Seo, who leads the company in its operations. H-Line Shipping Co. , Ltd. specializes in the transportation of raw materials and energy, providing logistics solutions through bulk shipping, LNG (liquefied natural gas) transport, and PCTC (Pure Car Truck Carrier) services.
They utilize a sophisticated ship management system to ensure safe and efficient transit across various maritime routes, serving a diverse clientele in regions like Asia, Europe, and North America. With over 50 years of combined experience in dedicated shipping, the company has built a strong reputation for reliability and technical innovation in the maritime sector. In the most recent year, 2024, H-Line Shipping reported a revenue of KRW 953,863,057. 5 and an EBITDA of KRW 204,576,056.
3. The company generates revenue primarily through B2B transactions, securing long-term service contracts with corporate clients that transport bulk raw materials and energy products, including LNG. Pricing structures for services are determined by cargo type and shipping distance, reflecting operational costs associated with a modern fleet. H-Line Shipping is poised for future growth with plans to launch new products and expand into targeted markets.
The company aims to enhance its LNG transport services and explore new geographic regions to increase its market share. The recent acquisition, finalized on May 23, 2020, will provide the necessary capital to support these initiatives, allowing for investments in fleet upgrades and service enhancements to meet emerging market demands.
Current Investors
Hahn & Company, NH Investment & Securities, Hana Securities
Primary Industry
Logistics & Distribution
Sub Industries
Equipment Rental & Leasing, Marine, Freight Transportation Services
Website
www.h-lineshipping.com/
Total Amount Raised
Subscriber access only
H-Line Shipping Co., Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Recapitalisation | Completed | H-Line Shipping Co., Ltd. | - | ||||||||
| Buyout | Completed | H-Line Shipping Co., Ltd. | - | ||||||||
| Secondary Buyout, Spin-Off | Completed | H-Line Shipping Co., Ltd. | - | ||||||||
| Add-on | Completed | Hyundai Merchant Marine Bulk Carrier Business | - | ||||||||
| Spin-Off | Completed | H-Line Shipping Co., Ltd. | - |
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