Iran warned Sinocor shipping company to cross the Strait of Hormuz Iran says that in the last three months, the vessels of the Sinocor shipping company "committed the most violations" in transiting the Strait of Hormuz, and appropriate enforcement measures were taken against at least seven of them. The Organization for the Management of Waterways in the Persian Gulf, which was established after the war, said in a statement: "All cargo owners, beneficiaries and insurance service providers are warned that legal action will be taken against all vessels of this company starting November 1 (November 10). "Sinocar Shipping Company is owned by South Korea and its headquarters is in Seoul, the capital, and operates in maritime transport and cargo forwarding.