In the world of Korean business, managing shipping debt and loans is a critical aspect that companies need to navigate effectively in order to maintain financial stability and growth. Shipping debt refers to the funds borrowed by companies for various shipping-related activities such as purchasing vessels, covering operational expenses, or expanding their fleet. On the other hand, loans are financial agreements between a borrower and a lender that involve the borrowing of a specific amount of money which must be repaid with interest over a predetermined period.