Pan Ocean Co., Ltd. is a shipping company headquartered in Seoul, South Korea.

Originally the company was active in the car transportation industry, by operating 7 pure car/truck carrier (PCTC) vessels, before discontinuing this business.

[4][5] Under the brand Pan Ocean, the company still operates a fleet of 400,000-ton very large ore carriers known as Valemax ships.

On 5 December 2011 the first ship of her type, Vale Beijing, suffered structural damage during her first cargo loading, a leak in her ballast tank, which put the ship in danger of sinking at the port of Ponta da Madeira in Brazil.

However, the disaster was avoided, and after having been anchored off the harbour for over three months, Vale Beijing left São Luís for Sohar, Oman.