B · Normal
[A little-known Korean shipowner dominated oil transportation in the Strait of Hormuz in September] October 23rd, data from a market intelligence agency showed that in September, a little-known Korean shipowner took a dominant position in oil transportation in the Strait of Hormuz; the total amount of oil transported by the group's ships exceeded the sum of the following three shipowners. Vessels owned by South Korea's Sinokor Group transported 105.6 million barrels of crude oil through the waterway that connects the Persian Gulf to global markets, according to analysis of ship tracking and other data provided by market intelligence agencies Vortexa, Equasis and Signal Group. This figure represents about 40% of the total oil transported through the waterway last month. According to agency calculations based on the above data, the next three companies - the Saudi National Shipping Company (Bahri), the Kuwait Petroleum Tanker Company and the shipping arm of the Abu Dhabi National Oil Company (ADNOC) - transported a total of 97.3 million barrels during the same period. The analysis is based on vessel ownership, not vessel operators.
Global market intelligence 🕐 2026-10-23 11:44

Related telegraphs

Comments

0/500
Captcha (click to refresh)
No comments yet