Korea Mihyang Shipping Company, with its legal address at Pyongyang, engages in the transport of trade cargoes and other goods by water and vessel operation.
It has grown into a successful shipping company over a decade after its establishment; it has many merchant vessels and several hundred navigational experts, technicians and business people, as well as crewmen who are well versed in international maritime regulations and proficient at navigation and has a wealth of experience.
It has cargo ships of 7 000 and 5 000 tons of displacement, tanker with a deadweight of 3 000 tons and other container ships, and has concluded time charter contracts with foreign counterparts.
In addition, it has built trading ports in several parts along the east and west coasts of Korea, which are provided with hotels for the crew.