Newsletter Subscribe
Enter your email address below and subscribe to our newsletter
All voices matter
Sinokor
Sinokor made millions running dark oil shuttles through Hormuz
As the Iran war choked off the world's most important oil chokepoint, a South Korean shipping company quietly became one of the conflict's biggest commercial winners. Sinokor Group, controlled by the reclusive tycoon Chung Ga-hyun, leased supertankers to Abu Dhabi…
Supertanker booked at record 897% of benchmark rate amid Persian Gulf vessel shortage
A supertanker operated by South Korean shipowner Sinokor has been provisionally booked to transport crude oil from the Persian Gulf to India at 897 Worldscale points — nearly nine times the standard freight benchmark and the highest single fixture recorded…