Topic
sinokor
Logistics Shipping & Freight #shipping#sinokor
Sinokor Offers Crews Six Months' Pay for Hormuz Round Trips After Tanker Attacks
After two product tankers were abandoned following projectile strikes in the Strait of Hormuz, South Korea's Sinokor Group offered crews six months' additional pay for a one-month round trip. War-risk premiums have climbed to 10% of vessel value, and commercial traffic through the chokepoint has slowed sharply.
Jul 21, 2026 1 source
Logistics Shipping & Freight #shipping#freight
Sincere Navigation Sells VLCC Maxim to Sinokor
Sincere Navigation has sold its 2011-built VLCC Maxim to Sinokor, marking its second VLCC sale this year. This transaction highlights Sinokor's active role in the VLCC market.
Jun 9, 2026 1 source