"Full-Scale Launch of Large Vessel Business"…STX Greenlogis Acquires 170,000t Bulk Carrier

Comprehensive logistics and shipping company STX Greenlogis is making a full-scale entry into the large vessel business by acquiring a large bulk carrier.

STX Greenlogis announced on the 2nd that it purchased a Cape-size bulk carrier with a capacity of 170,000 tons for approximately 16.8 billion KRW.

This vessel is the largest among the ships operated by STX Greenlogis. Through this, the company plans to make a full-scale entry into the large vessel business while responding to the increasing demand for shipping by expanding its fleet and diversifying vessel types.

Following the eco-friendly bulk carrier acquired last September, the addition of this Cape-size ultra-large bulk carrier has increased STX Greenlogis' fleet to a total of eight vessels. STX Greenlogis plans to continue expanding its business by operating bulk carriers stably through large vessel contracts in the future.

An STX Greenlogis official said, "With the shipping market expected to improve, we invested to expand our owned fleet, reduce costs, and strengthen profitability. Starting with this large vessel acquisition, we will diversify our vessel types by actively developing related businesses."

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