MSC’s Sinokor Maritime investment raises South Korea’s antitrust authority’s eyeballs

The Korea Fair Trade Commission is examining MSC’s investment in Sinokor Maritime, after South Korean oil refiners and ship owners apparently informed South Korea’s anti-trust body that the Swiss-Italian group’s backing could give Sinokor Maritime substantial control over the tanker market.

KFTC has reportedly asked South Korea’s four largest refiners—SK Energy, GS Caltex, S-Oil, and HD Hyundai Oilbank—to give feedback about MSC becoming Sinokor Maritime’s shareholder.