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Little-known South Korean shipowner dominates Hormuz transits as oil flows rebound

SEOUL: A little-known South Korean shipowner dominated oil transits through the Strait of Hormuz in September, data from intelligence firms suggest, with the group's vessels moving more barrels than the next three owners combined

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随着石油流量反弹,一家名不见经传的韩国船东主导了霍尔木兹海峡的过境运输。

One of Sinokor carriers, the Silver Surfer. - Sinokor website

SEOUL: A little-known South Korean shipowner dominated oil transits through the Strait of Hormuz in September, data from intelligence firms suggest, with the group’s vessels moving more barrels than the next three owners combined.

Ships owned by Sinokor Group carried 105.6 million barrels of crude through the waterway connecting the Persian Gulf with global markets, an analysis of ship-tracking and other data from intelligence firms Vortexa, Equasis and Signal Group showed. That’s equivalent to almost 40% of oil making the crossing last month.

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