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Navalyze · Flags · South Korea

South Korea flag, 2024

Ships whose port of registry belongs to South Korea, as estimated from the THETIS-MRV reports for 2024, and the companies operating them. Each company counts only its ships under this flag.

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At a glance

Ships
72
3 with a blank port, flag from another year
Emitted
682,134 t
CO₂, all ships under the flag
EU ETS allowances due
€10.4m
138,773 t of allowances at the chosen price
Largest operator: HMM
€4.2m
9 ships, 41% of the flag's allowances

Ship types under this flag

CO₂ by segment.

  • Vehicle carrier257,082 t
  • Container247,186 t
  • Other79,581 t
  • Bulk carrier44,423 t
  • Chemical tanker28,827 t
  • Oil tanker24,178 t
  • Gas carrier (LPG)858 t

Companies by EU ETS cost

The 24 operators with most EU ETS allowances due for their South Korea-flagged ships in 2024. Companies of one group are summed, as on the compare page; their ships under other flags are not counted here.

#OperatorMain segmentShipsunder South KoreaCO₂emitted, totalAllowancesEU ETS costvs segment medianlower is bettervs similar-size shipssame segment, lower is better
1HMM(2 companies)Container9271,364 t€4.2m−46%−15%
2Eukor Car Carriers Inc.Vehicle carrier17136,030 t€1.9m−1%+9%
3HYUNDAI GLOVIS CO LTDVehicle carrier16121,052 t€1.8m−18%+6%
4POS SM Co LtdOther330,825 t€499k––
5Taikun Shipping Co LtdChemical tanker313,242 t€266k––
6ITW MEGALINEOther113,088 t€207k––
7S.M Leader Co., Ltd.Other112,264 t€186k––
8Wooyang Shipping Co., LtdBulk carrier410,084 t€164k––
9GREEN MARITIME CO., LTD.Chemical tanker28,534 t€161k––
10CHUNG YANG SHIPPING CO. LTDOther28,454 t€155k––
11HANJIN Logistics CorporationOther19,670 t€151k––
12Dongbang Transport Logistics Co. LtdOther16,451 t€97k––
13DONGBANG TRANSPORT LOGISTICS CO., LTD. AND 1 COMPANYOther16,143 t€95k––
14Korea Shipmanagers Co LtdBulk carrier14,528 t€80k––
15DORIKO LimitedBulk carrier14,287 t€74k––
16STX Marine Service Co LtdBulk carrier13,870 t€66k––
17SHINSUNG SHIPPING CO., LTDBulk carrier13,703 t€62k––
18SN GLOBAL CO., LTD.Bulk carrier13,446 t€56k––
19Seong Ho Shipping Co LtdChemical tanker17,050 t€54k––
20Hangang Global Shipping Co LtdBulk carrier12,607 t€40k––
21JOONG ANG SHIPPINGBulk carrier11,726 t€36k––
22KSS Line LtdGas carrier (LPG)1858 t€0––
23KHARIS SHIPPING CO LTDBulk carrier10 t€0––
24Chang Myung Shipping Co LtdBulk carrier12,859 t€0––
Show by ISM company (DoC holder) instead of group
#OperatorMain segmentShipsunder South KoreaCO₂emitted, totalAllowancesEU ETS costvs segment medianlower is bettervs similar-size shipssame segment, lower is better
1HMM Company LimitedContainer6166,761 t€2.5m−39%−13%
2Eukor Car Carriers Inc.Vehicle carrier17136,030 t€1.9m−1%+9%
3HYUNDAI GLOVIS CO LTDVehicle carrier16121,052 t€1.8m−18%+6%
4HMM Ocean Service Co LtdContainer3104,604 t€1.8m––
5POS SM Co LtdOther330,825 t€499k––
6Taikun Shipping Co LtdChemical tanker313,242 t€266k––
7ITW MEGALINEOther113,088 t€207k––
8S.M Leader Co., Ltd.Other112,264 t€186k––
9Wooyang Shipping Co., LtdBulk carrier410,084 t€164k––
10GREEN MARITIME CO., LTD.Chemical tanker28,534 t€161k––
11CHUNG YANG SHIPPING CO. LTDOther28,454 t€155k––
12HANJIN Logistics CorporationOther19,670 t€151k––
13Dongbang Transport Logistics Co. LtdOther16,451 t€97k––
14DONGBANG TRANSPORT LOGISTICS CO., LTD. AND 1 COMPANYOther16,143 t€95k––
15Korea Shipmanagers Co LtdBulk carrier14,528 t€80k––
16DORIKO LimitedBulk carrier14,287 t€74k––
17STX Marine Service Co LtdBulk carrier13,870 t€66k––
18SHINSUNG SHIPPING CO., LTDBulk carrier13,703 t€62k––
19SN GLOBAL CO., LTD.Bulk carrier13,446 t€56k––
20Seong Ho Shipping Co LtdChemical tanker17,050 t€54k––
21Hangang Global Shipping Co LtdBulk carrier12,607 t€40k––
22JOONG ANG SHIPPINGBulk carrier11,726 t€36k––
23KSS Line LtdGas carrier (LPG)1858 t€0––
24KHARIS SHIPPING CO LTDBulk carrier10 t€0––
25Chang Myung Shipping Co LtdBulk carrier12,859 t€0––
Allowances
:
EU ETS allowances due for the year, at the chosen price.
vs segment median
:
CO₂ per transport work against the median segment ship. Below 0% is better.
vs similar-size ships
:
CO₂ per transport work of the median ship, against the median ship of the same size band in its segment (whole segment where the segment has no size bands). Below 0% is better.

EU ETS allowances are not a tax: companies buy and surrender one allowance per tonne of CO₂ in scope. Figures use the 2024 phase-in share and an EUA price of €75 per tonne, which the commercial view lets you change. The flag is estimated from the port of registry; see the Flags page.