Investment banking sources told Korea Economic Daily that the company has brought in Deloitte Anjin as an advisor.
Private equity fund JKL Partners could also take part in the bid as an investor.
Harim reportedly wants to diversify and save on the cost of transporting grain from the US and Brazil with its own bulker arm.
The price of Pan Ocean is estimated at between KRW 800bn and KRW 1 trillion ($757m to $946m).
Harim
