BR100 Increased By (0.36%)
BR30 Decreased By (-0.13%)
KSE100 Increased By (0.22%)
KSE30 Increased By (0.37%)
AGHA 6.68 Increased By ▲ 0.01 (0.15%)
BECO 4.37 No Change ▼ 0.00 (0%)
BML 57.32 Increased By ▲ 0.88 (1.56%)
BOP 30.35 Increased By ▲ 0.01 (0.03%)
CNERGY 13.12 Increased By ▲ 0.03 (0.23%)
CSIL 5.41 Increased By ▲ 0.05 (0.93%)
FCCL 52.79 Increased By ▲ 0.41 (0.78%)
FFL 14.72 Decreased By ▼ -0.02 (-0.14%)
FNEL 1.12 No Change ▼ 0.00 (0%)
KEL 6.09 No Change ▼ 0.00 (0%)
KOSM 5.73 Increased By ▲ 0.77 (15.52%)
LOTCHEM 26.46 Decreased By ▼ -0.89 (-3.25%)
MLCF 93.16 Increased By ▲ 0.41 (0.44%)
NBP 164.66 Decreased By ▼ -0.32 (-0.19%)
NCPL 55.66 Increased By ▲ 0.02 (0.04%)
NPL 61.16 Decreased By ▼ -0.10 (-0.16%)
OGDC 316.73 Decreased By ▼ -1.03 (-0.32%)
PACE 9.87 Decreased By ▼ -0.06 (-0.6%)
PAEL 35.63 Increased By ▲ 0.13 (0.37%)
PIBTL 14.68 Increased By ▲ 0.11 (0.75%)
PPL 226.91 Decreased By ▼ -0.88 (-0.39%)
PRL 93.02 Increased By ▲ 0.45 (0.49%)
PTC 60.26 Decreased By ▼ -0.37 (-0.61%)
SSGC 23.81 Increased By ▲ 0.01 (0.04%)
TBL 8.75 Increased By ▲ 0.07 (0.81%)
TELE 7.80 Increased By ▲ 0.02 (0.26%)
TPL 22.35 Increased By ▲ 0.12 (0.54%)
TPLP 12.97 Increased By ▲ 0.30 (2.37%)
TREET 22.16 Decreased By ▼ -0.38 (-1.69%)
TRG 56.56 Decreased By ▼ -1.24 (-2.15%)
Markets

Japanese-owned LNG tanker crosses the Strait of Hormuz

  • Crew members on the Panama-flagged ship, 'SOHAR LNG', remain safe,
Published Updated
By

TOKYO: A Japanese-owned liquefied natural gas tanker has crossed the Strait of Hormuz, its co-owner Mitsui O.S.K. Lines said on Friday, making it the first Japan-linked vessel to have crossed the channel since the onset of the Iran war.

Crew members on the Panama-flagged ship, “SOHAR LNG”, remain safe, a Mitsui O.S.K. Lines spokesperson told Reuters, while declining to disclose when it crossed the Strait and whether any negotiations had been required.

The Asahi newspaper earlier reported the crossing.

Until U.S.-Israeli attacks on Iran began at the end of February, leading to the effective closure of the Strait, it was the route for about a fifth of global oil and liquefied natural gas supplies.

Japan was particularly dependent as around 90% of its oil and 6% of its LNG imports crossed the Strait.

Dozens of Japanese vessels are stranded

As of early on Friday, 45 ships owned or operated by Japanese entities had been stranded because they could not cross the Strait, according to Japan’s transport ministry.

Among those were 12 crude oil tankers, 12 tankers loaded with refined or chemical products, nine car carriers and six LNG tankers, broadcaster TBS has reported.

Mitsui O.S.K. Lines last month said one vessel it owns and operates sustained a minor impact in the region. The cause was unknown and no one was hurt.

On Thursday, a container ship belonging to French shipping group CMA CGM has also crossed through the Strait, vessel tracking data showed.

Chinese ships, Indian-flagged gas tankers and a Greek-operated crude tanker have passed through the Strait since the start of the Iran war.

Comments

Comments are closed for this article.