Japan’s shipping firms are racing their vessels through the Strait of Hormuz
The post Japan’s shipping firms are racing their vessels through the Strait of Hormuz appeared on BitcoinEthereumNews.com. Japan’s top shipping firms, Nippon Yusen and Mitsui O.S.K. Lines, are racing their vessels through the Strait of Hormuz, cutting the time spent in Gulf waters to avoid getting caught in the crossfire of Iran’s war with Israel and America, according to Reuters. Both companies confirmed they’ve issued new safety instructions to all ships operating in the region, with orders to pass through the area as quickly as schedules allow. The goal: keep exposure in the Persian Gulf to a minimum amid rising military tension. The change in policy follows direct US attacks on Iran’s nuclear facilities over the weekend. The US operation was carried out in coordination with Israel, escalating what has already become a dangerous conflict between Tehran and Tel Aviv. Iran has threatened to respond, and its Supreme National Security Council is expected to decide whether the Strait of Hormuz, the most critical choke point for global oil, will be shut off completely after the Parliament already voted for temporary closure. Shipping companies cut Gulf exposure and increase 24/7 surveillance A spokesperson for Nippon Yusen said, “We are instructing our vessels to shorten their time in the Persian Gulf whenever possible, depending on their schedules.” He added that decisions on each vessel’s route through the strait would now be made flexibly, depending on current threats. Meanwhile, a spokesperson for Mitsui O.S.K. Lines, also known as MOL, said their safety operations center in Tokyo has stepped up 24-hour surveillance and support for ships in the area. “We are advising vessels operating in the area to exercise maximum caution and providing them with latest information,” the MOL official said. Japan is not just watching from the sidelines. On Monday, Foreign Minister Takeshi Iwaya called for an end to the current cycle of violence between Iran and Israel. He described…
The post Japan’s shipping firms are racing their vessels through the Strait of Hormuz appeared on BitcoinEthereumNews.com.
Japan’s top shipping firms, Nippon Yusen and Mitsui O.S.K. Lines, are racing their vessels through the Strait of Hormuz, cutting the time spent in Gulf waters to avoid getting caught in the crossfire of Iran’s war with Israel and America, according to Reuters. Both companies confirmed they’ve issued new safety instructions to all ships operating in the region, with orders to pass through the area as quickly as schedules allow. The goal: keep exposure in the Persian Gulf to a minimum amid rising military tension. The change in policy follows direct US attacks on Iran’s nuclear facilities over the weekend. The US operation was carried out in coordination with Israel, escalating what has already become a dangerous conflict between Tehran and Tel Aviv. Iran has threatened to respond, and its Supreme National Security Council is expected to decide whether the Strait of Hormuz, the most critical choke point for global oil, will be shut off completely after the Parliament already voted for temporary closure. Shipping companies cut Gulf exposure and increase 24/7 surveillance A spokesperson for Nippon Yusen said, “We are instructing our vessels to shorten their time in the Persian Gulf whenever possible, depending on their schedules.” He added that decisions on each vessel’s route through the strait would now be made flexibly, depending on current threats. Meanwhile, a spokesperson for Mitsui O.S.K. Lines, also known as MOL, said their safety operations center in Tokyo has stepped up 24-hour surveillance and support for ships in the area. “We are advising vessels operating in the area to exercise maximum caution and providing them with latest information,” the MOL official said. Japan is not just watching from the sidelines. On Monday, Foreign Minister Takeshi Iwaya called for an end to the current cycle of violence between Iran and Israel. He described…
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