Acquisitive Sinokor turns its attention to the suezmax segment

Having cornered the VLCC markets with the financial aid of Giuanluigi Aponte’s Mediterranean Shipping Co (MSC), Ga-Hyun Chung-led Sinokor is now turning its attention to the suexmax segment. Greek broker Xclusiv is reporting Sinokor has shelled out around $82m per unit for the three 10-year-old Korean-built suezmaxes, the first in what brokers believe will be …

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