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French and Japanese-Owned Ships Make First Hormuz Crossings

Weilun Soon, Samy Adghirni
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⚡ Quantum Brief
A French-owned container ship and a Japanese-owned LNG tanker became the first vessels to cross the Strait of Hormuz since Iran’s war closed the critical waterway over a month ago. The CMA CGM Kribi, linked to Western Europe, exited the strait on Friday, per Bloomberg’s ship-tracking data and insider sources, marking the first confirmed transit by a European-affiliated vessel since hostilities began. Japan’s Mitsui OSK Lines confirmed its LNG tanker also crossed the strait the same day, representing the first such passage by a Japanese-owned ship amid the conflict-driven blockade. The crossings signal potential easing of maritime restrictions in the Hormuz, a chokepoint for 20% of global oil trade, though risks remain high as tensions persist. Both transits suggest limited commercial activity may resume, but broader shipping recovery depends on sustained de-escalation and safety guarantees in the region.
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000War With Iran:A French container ship and a Japanese-owned tanker have crossed the Strait of Hormuz, in what appear to be the first such transits since the war in Iran shuttered the crucial waterway.The CMA CGM Kribi container ship exited the strait on Friday, according to ship tracking data compiled by Bloomberg and two people familiar with the situation. That’s the first ship linked to Western Europe that’s known to have made it through since the war began more than a month ago. Japan’s Mitsui OSK Lines confirmed on Friday that the liquefied natural gas tanker it part-owns also crossed — another first.

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Source: Bloomberg Markets

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