Seoul Broadcasting System
South Korean commercial television and radio broadcaster.
Citing Lloyd's List data, SBS News put Sinokor at 47% of Very Large Crude Carrier transits through Hormuz in September 2026. Iran's Strait Authority then threatened legal action against every Sinokor vessel on 27 October.
Last refreshed: 29 October 2026
Timeline for Seoul Broadcasting System
Reported Lloyd's List VLCC share
Iran Conflict 2026: Mentioned in: Iran's PGSA threatens all Sinokor shipsBackground
Seoul Broadcasting System (SBS) is South Korea's largest private broadcaster, running commercial television and radio. It was founded in Seoul in 1990 and is listed on the Korea Exchange. It is not the Australian public broadcaster of the same initials.
As a Korean outlet it follows the exposure of Korean shipping companies to The Gulf war closely, and its reporting is a source for Korean industry figures that foreign wires pick up.
Two Sinokor figures circulated in October 2026. SBS counted 47% of supertanker transits in September; other reporting put Sinokor ships at nearly 40% of that month's Hormuz crude. The two use different measures, but both make Sinokor the largest single carrier on the route when Iran named it.
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Written with AI from Lowdown's published reporting. Not individually reviewed by an editor. Updated 29 October 2026. Editorial standards.