MSC Expands Into VLCC Tankers With Sinokor
Mediterranean Shipping Company (MSC) has formalized joint control of South Korea’s Sinokor Maritime, confirming its entry into the crude tanker segment, GCaptain reports.
A March 11 filing in Cyprus shows MSC, via its subsidiary SAS Shipping Agencies Services, will share ownership with Sinokor’s founder, Ga-Hyun Chung. The move puts an official structure behind a relationship that had drawn strong market attention.