Pan Ocean signs KRW 95.83 billion long-term cargo transport contract with Posco Flow
PKX•Pan Ocean signed a long-term cargo transport contract with Posco Flow valued at KRW 95.83 billion, equal to 1.8% of its 2025 consolidated revenue. The contract runs from Oct. 20, 2026, to Aug. 30, 2030.
1. Contract details
The contract covers shipping steelmaking raw materials, including iron ore and coal, from Australia and Canada to South Korea. Pan Ocean reported 2025 consolidated revenue of KRW 5.43 trillion.
