SW Shipping’s Acquisition of H-Line Shipping’s Coal Transportation Business

Lee & Ko advised SW Shipping on its acquisition, by way of a business transfer, of H-Line Shipping’s business segment that transports coal for the power generation subsidiaries of Korea Electric Power Corporation. The asset transfer agreement covering vessels and other assets was signed on May 21, 2026.

As legal counsel to SW Shipping, Lee & Ko advised on all aspects of the transaction, including legal due diligence on the target business and the business transfer agreement. In particular, Lee & Ko efficiently addressed complex legal issues arising from the transfer of vessel assets and ship financing, thereby contributing to the successful execution of the agreement.