Sinokor
LeaveRussia detail: Scaling Back
Sinokor Merchant Marine Co., Ltd.
Decision trail
Decision date 04/03/2024 · Reference ↗
Sinokor is one of the top 20 largest shipping lines by traffic volume, and it is the only major international operator that has not reduced transportation to Russia since the start of the war. South Korean sea carrier Sinokor announced the cessation of operations at the Russian port of Vostochny in Primorye. The company and its subsidiary Hueng-A Line will no longer accept orders for delivery starting March 10. On February 23, the operator of the Vostochny port, Vostochnaya Stevedoring Company (VSK), owned by the leader of the Russian container shipping market, the Global Ports group, was placed on the US sanctions list on charges of transporting ammunition from the DPRK. At the same time, Sinokor has already significantly increased prices for the use of its containers in Russia.
Status history since 2022
- 03/08/2026 — scaling back · Imported from KSE LeaveRussia
Exposure profile
Full exposure profile is a Professional feature
Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.
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