First Loaded Crude Supertanker Clears Hormuz Without Using Larak Channel
Bloomberg ship-tracking data showed the Idemitsu Maru carrying 2 million barrels of Saudi oil became the first Japan-linked crude tanker to cross since the war began.
- On Tuesday, the Panama-flagged tanker Idemitsu Maru crossed the Strait of Hormuz carrying 2 million barrels of Saudi oil, becoming the first Japan-linked crude tanker to transit since the Iran war began.
- Before the conflict broke out on February 28, Japan relied on the Middle East for 95% of its oil imports via Hormuz, making the waterway critical to the nation's energy security.
- Historical traffic averaged 125 to 140 ships daily before February 28, though activity remains muted with only seven vessels sailing in the past day, according to Kpler ship-tracking data.
- U.S. President Donald Trump is "unhappy with the latest Iranian proposal" on resolving the war, a U.S. official said, dampening hopes for swift resolution. Ship broker BRS suggests markets may not return to "normal" until at least September.
- As the Mubaraz tanker heads toward China, nuclear negotiations remain deferred to a later date, keeping regional energy supplies central to international market concerns while vessels continue navigating the chokepoint.
20 Articles
20 Articles
Japan's Idemitsu Maru allowed through Hormuz, history in tow
The Panama-flagged, Japanese-owned Very Large Crude Carrier (VLCC), Idemitsu Maru, has passed through the Strait of Hormuz on its way to Nagoya with a cargo of 2 million barrels of oil from Saudi Arabia. The vessel also carries a reminder that it was the Japanese oil refiner Idemitsu Kosan that broke the British blockade of […] The post Japan’s Idemitsu Maru allowed through Hormuz, history in tow appeared first on Asia Times.
A Panamanian-flagged oil tanker carrying Saudi barrels is, cross the Strait of Ormuz, being the first oil tanker linked to Jap n.
First Loaded Crude Supertanker Clears Hormuz Without Using Larak Channel
Following the Mubaraz LNG tanker's exit from the Hormuz chokepoint in recent weeks, the first such transit since the conflict began, new ship-tracking data from Bloomberg late Tuesday afternoon show that the first crude supertanker, Idemitsu Maru, is also exiting the critical waterway. Idemitsu Maru, operated by the tanker unit of Japan's Idemitsu Kosan, marks yet another positive signal for Gulf energy flows, but activity in the waterway remain…
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