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Namsung Shipping Co.,Ltd. (South Korea)

Main Activities: Water Transportation
Full name: Namsung Shipping Co.,Ltd. Profile Updated: October 27, 2023
Buy our report for this company USD 19.99 Most recent financial data: 2022 Available in: English Download a sample report

Namsung Shipping Co., Ltd. is a representative container shipping company based in Seoul, South Korea. It was established in 1953 and has played a significant role in the development of the Korean economy by providing transportation services for Korean enterprises to reach overseas markets. Namsung Shipping has grown to become a leading container carrier for intra-Asia services, including Korea-Japan container liner services since 1975, Korea-China services since the 1990s, Korea-China-Japan pendulum services since the 2000s, and Southeast Asia services since 2007. The company is committed to providing responsive and precise global logistics services through its extensive network of ports in Korea, Japan, China, and Southeast Asia. With a fleet of over 20 owned and chartered container vessels and a team of 500 skilled shipping specialists, Namsung Shipping utilizes industry-leading IT systems to ensure maximum customer convenience. In addition to its port-to-port services, Namsung Shipping offers extended logistics services to meet the complex transportation needs of the global value chain. This includes inter-modal transportation, in-land facility operation, and customs clearance processing. The company has expanded its overseas coverage to include China inland ports, Southeast Asia, and Central Asia. Namsung Shipping is actively embracing digital transformation to adapt to the continuously digitalized logistics environment. With its advanced IT system, the company is leveraging cloud-based technology, RPA, platforms, IoT, and smart ships to enhance its operations. As a socially responsible enterprise, Namsung Shipping complies with global environmental standards and regulations. The company is committed to minimizing its impact on the environment and supports sustainable growth together with its clients, staff, and local communities. In recognition of its dedication to service quality, routing, and responsiveness, Namsung Shipping was awarded the highest grade of CESS (Certified Excellent Shipping Company & Shipper) by the Korean government's Ministry of Oceans & Fisheries in 2020.

Headquarters
363, Samil-daero Jung-gu Seoul
Seoul; Seoul;

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Website: http://www.namsung.co.kr

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
August 01, 1953
Key Executives
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Chairman
Ownership Details
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94.6%
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4.7%
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0.7%
Subsidiaries
Namsung Holdings Corporation
Company Performance
Financial values in the chart are available after Namsung Shipping Co.,Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency KRW. Absolute financial data is included in the purchased report.
Net sales revenue
61.4%
Total operating revenue
61.4%
Operating profit (EBIT)
92.46%
EBITDA
80.31%
Net Profit (Loss) for the Period
69.6%
Total assets
38.22%
Total equity
69.45%
Operating Profit Margin (ROS)
3.71%
Net Profit Margin
0.99%
Return on Equity (ROE)
0.04%
Debt to Equity Ratio
-12.32%
Quick Ratio
0.64%
Cash Ratio
0.33%

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