Corporate Information

Polaris Shipping held an event on April 25 (Fri) at the Ether Cafe in 234 Jeolyeong-ro, Yeongdo-gu, Busan, to deliver donations to the 'Young Ocean Life (YOL) Association' to support youth settlement infrastructure projects. This donation was designed to support young people's settlement and self-reliance in the region and to expand the sustainable role of the private sector in responding to the crisis of regional extinction.

The delivery ceremony was attended by National Assemblyman Cho Seung-hwan, Park Sung-yong, chairman of the National Federation of Maritime Seafarers, Lee Kwang-cheon, chairman of the National Federation of Ship Management Seafarers, and Chung Yong-ki, head of the maritime division at Polaris Shipping Co., Ltd., while Kim Seung-chan, chairman of the Young Ocean Life Association, a beneficiary organization, also joined the ceremony to discuss future business directions and ways to expand cooperation following the donation.

"We decided to make this donation in order to fulfill the corporate responsibility to grow with the local community," said Jeong Yong-ki, head of the maritime division at Polaris Shipping Co., Ltd. "We will continue to provide practical support to help young people settle down stably in the region and design the future."

Chairman Kim Seung-chan said, "I am deeply grateful for Polaris Shipping for its willingness to engage in the association's activities to enable youth-centered planning that utilizes the characteristics of maritime city leadership. Based on this donation, we will gradually expand practical programs that lead to the actual settlement of young people."

Meanwhile, the Young Ocean Life Association (YOL) is an organization established based in Busan and aims to realize a sustainable regional development model by integrating regional strengths around the five keywords of Ocean, Food, Youth, Technology, and Tourism.

This donation is attracting attention as a new social contribution model that strengthens the youth-centered settlement base in cooperation with private companies and local-based organizations, and links the response to the crisis of extinction in the region with the revitalization of the marine industry ecosystem.

Polaris Shipping is a global shipping company established in 2004, focusing on various marine industries, including energy transportation, and realizing sustainable corporate value through a number of social contribution activities.

Corporate introduction:

Polaris Shipping Co., Ltd. is a shipping company established in 2004, whose main business is outward cargo transportation, and pursues co-prosperity with the local community through various social contribution activities.

Association Introduction:

The Young Ocean Life Association was established as an organization that integrates Busan's regional strengths under the keywords of Ocean, Food, Youth, Technology, and Tourism, establishes a comprehensive action plan that balances economic growth, social inclusion, and environmental protection, and promotes sustainable regional development planning and projects focusing on five key areas.