Lee said external uncertainty is expected to persist this year and stressed that KR will push technological innovation to overcome challenges.
"Through field-focused management and open communication, we will work closely with the government and related maritime organizations," he said. "We will continue to expand our capabilities in digital and eco-friendly technologies to contribute to the sustainable development of the maritime industry."
KR set targets for this year of 213 billion won in revenue and 95 million tons in registered fleet. It also outlined a mid- to long-term plan to raise revenue to as much as 270 billion won and expand its registered fleet to 120 million tons by 2030.
To reach those goals, KR said it will build strategic footholds overseas and step up focused sales efforts. It named China as its top priority market and said it will seek to increase the volume of existing ships it attracts from major shipping companies to create a virtuous cycle that brings more vessels to KR. It also said it aims to find new markets, including Dubai, and raise the share of purely foreign-flagged ships from about 30% to 40% over the mid to long term.
KR also approved the appointment of three new full-time executives and reassigned other executive roles. Kim Seong-ju, head of the China regional headquarters; Yeon Gyu-jin, head of the drawing approval office; and Choi Cheol, head of the international cooperation office, were appointed as full-time executives, overseeing the inspection, technical and business divisions, respectively.
Choi Won-jun, a vice president who had overseen the management division, was reassigned as senior vice president in charge of the strategy division. Yoon Seong-ho, the senior vice president who had led the strategy division, was reassigned as vice president overseeing the management division.
Earlier, KR held its 64th regular general meeting and approved a business report and its 2025 financial statements. KR said it expanded inspection volume for newbuild ships through active sales efforts. As a result, revenue last year totaled 206 billion won and its registered fleet grew to 90.35 million tons. Of newly registered existing ships, 71% were owned by overseas shipowners, KR said, reflecting expanded technological competitiveness and international trust.
* This article has been translated by AI.
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