US EditionChinese Oil Tankers Attempt to Exit the Strait of Hormuz
The tankers are testing whether the ceasefire has opened a route through the chokepoint, while Iran still says transits need approval.
- On Thursday, two fully laden Chinese oil tankers approached the Strait of Hormuz at high speeds before slowing at the entrance, signaling a test of the US-Iran ceasefire terms announced Tuesday.
- President Donald Trump announced a "COMPLETE, IMMEDIATE, and SAFE OPENING" of the waterway on Tuesday, initiating a two-week US-Iran ceasefire intended to halt hostilities and restore shipping access.
- Broadcasting Chinese ownership to ensure safety, the Cospearl Lake and He Rong Hai are each transporting nearly 2 million barrels of crude oil from Iraq and Saudi Arabia.
- Despite the truce, shipping giants Maersk and Mitsui OSK Lines Ltd. remain cautious, stating they require "sustainable stability" and further clarity on transit conditions before resuming operations.
- Iran confirmed operations remain "within technical limitations" while requiring coordination for all transits, with analysts noting the Islamic Republic appears intent on maintaining leverage during ongoing negotiations.
12 Articles
12 Articles
Chinese Oil Tankers Attempt to Exit the Strait of Hormuz
Two Chinese oil tankers carrying Iraqi and Saudi crude sped up on Thursday morning toward the exit of the Strait of Hormuz, before coming to a halt just at the entrance to the chokepoint, in a sign that Chinese vessel owners appear to be testing the terms of the supposed restart of transits. The Cospearl Lake crude oil tanker, linked to Chinese state shipping Cosco, departed from Basrah in Iraq in early March and is openly broadcasting that it i…
Two fully loaded Chinese oil tankers are headed from the waters of the Persian Gulf towards the Strait of Ormuz, which could turn them into the first two such ships to cross the track after the two-week ceasefire declared by the US and Iran after more than a month of war. According to the MarineTraffic tracking platform, the ships 'Cospearl Lake', of Hong Kong flag and linked to the Chinese state shipping company Cosco, and 'He Rong Hai', of Chi…
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