捷尼克/捷尼克船务/GENEQ/Incorporation of Pan Ocean Bulk Carriers Ltd.(POBC

　　 Incorporation of Pan Ocean Bulk Carriers Ltd.(POBC)in May of 1966 -Purchased and began operation with 4 oil tankers of 54,000DWT each -Placed a new building order for 324,000DWT class ULCC Carried total bulk cargo of 75 million tons and recorded total revenue -of USD 1.31 billion. Credit Banks agreed debt-equity-swap of KRW -230billion (equivalent to USD177million) which effected of 1st Apr -2002. -Emerging from the court-receivership as from 21st May 2002 Majority shareholder changed to STX Shipbuilding Co., Ltd. -Renamed as STX Pan Ocean Co., Ltd. and announced “ the second -start