Korean Talks
Image default
Finanace

Japanese tanker carrying Saudi oil crosses Strait of Hormuz

TOKYO — Panama-flagged tanker Idemitsu Maru, carrying 2 million barrels of Saudi oil, crossed the Strait of Hormuz, LSEG shipping data showed on Tuesday, becoming the first Japan-linked crude tanker to do so since the Iran war began. Before the U.S.-Iran conflict broke out on February 28 and disrupted Middle East crude oil and liquefied natural gas supplies, Japan relied on the region for 95% of its oil imports, much of it coming via the Strait of Hormuz. The move comes as Japan’s recent diplomatic efforts to safeguard energy supplies were disrupted by the war. Earlier in April, the Sohar LNG tanker co-owned by Japan’s Mitsui O.S.K. Lines and the Mitsui-owned LPG tanker , Green Sanvi, crossed the strait. Idemitsu Maru, a very large crude carrier (VLCC), is managed by a unit of Japanese refiner Idemitsu Kosan. Idemitsu Kosan declined to comment on individual ships. The vessel was 30 kilometers (18.6 miles) east of Larak Island and moving eastward with its Automatic Identification System active, separate data from MarineTraffic showed. HORMUZ TRAFFIC STAYS MUTED Between 125 and 140 ships cro

Related posts

Consumer prices rise 2% in January, slowest pace in 5 months

Claire R. Peck

Israeli airstrike kills Lebanese journalist Amal Khalil

Claire R. Peck

Hanwha Aerospace wins Norway long-range rocket deal; contract signing expected Friday

Claire R. Peck