Ga-Hyun Chung, an intensely private Korean shipping tycoon, rocked the tanker industry early this year as his Sinokor Group embarked on an unprecedented buying spree.

Ga-Hyun Chung spent around $7 billion amassing the world’s largest fleet of oil tankers. His timing could hardly have been better. | World News

Ga-Hyun Chung, an intensely private Korean shipping tycoon, rocked the tanker industry early this year as his Sinokor Group embarked on an unprecedented buying spree.

The UAE’s covert project using the South Korean shipping magnate’s tankers is so successful it is already approaching its pre-war rate of flows of oil.

Chung Ga-hyun's Sinokor Group has emerged as a major owner of supertankers moving crude out of the Persian Gulf. Read more at straitstimes.com. Read more at straitstimes.com.

Amidst the Persian Gulf war, the UAE secretly navigated its oil exports through the Strait of Hormuz using 'dark' ship transits. Korean shipping tycoon Ga-Hyun Chung's Sinokor…

Just a few weeks into the war, one of the Persian Gulf’s top oil producers quietly began sneaking its crude out of the Strait of Hormuz.