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Greece
Naftemporiki
National & Local
MSC: Acquires 50% and Joint Control of Sinokor
Mediterranean Shipping Company (MSC) is set to acquire 50% of South Korea's Sinokor Merchant Marine, confirming prior speculation about closer collaboration between the two companies.
Mar 19 • 10:30 UTC
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Mexico
El Financiero (ES)
National & Local
Who is Ga Hyun-Chung, the enigmatic businessman who bought oil tankers and became a millionaire?
Amid chaos in global energy markets due to the war in Iran, South Korean magnate Ga Hyun-Chung has dramatically increased his wealth by acquiring oil tankers.
Mar 14 • 18:49 UTC
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Poland
Rzeczpospolita
National & Local
Monopolist demands astronomical rates for tanker leases
Sinokor Merchant Marine, a monopolist in the VLCC market, has significantly raised freight rates for transportation from the Middle East to China, causing concern among global shipping brokers.
Mar 6 • 11:53 UTC
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Greece
Naftemporiki
National & Local
Sinokor Maritime: Freight Rates at Five-Year Highs
Sinokor Maritime significantly strengthens its position in the VLCC market as freight rates reach historically high levels.
Feb 19 • 05:52 UTC