Its CEO Kim Kyung-bae said in a news conference that the company aims to expand its load capacity to 1.55 million twenty-foot equivalent units (TEUs) by 2030 from the current 920,000 TEUs.
One TEU equals one 20-feet container. The 920,000 TEU is the maximum cargo volume of 84 container carriers.
For bulk cargo services, it will increase the load capacity of its fleet of bulk ships from the current 6.34 million deadweight tonnage (DWT) to 12.56 million DWT by 2030. DWT is a measure of the weight a ship can carry.
To meet the goal, it will expand the fleet of its bulk carriers to 110 units by 2030 from the current 36 ships.
“We will achieve 15 trillion won in revenue by 2030 with assets of 43.2 trillion won and become a leading logistics company in South Korea,” Kim told reporters.
The revenue and asset targets are 82.9% and 68% higher than its 2023 achievements, respectively.
