Mitsui OSK Lines expects LNG shipments through Strait of Hormuz to remain halted

Mitsui OSK Lines: Mitsui OSK Lines is a major Japanese shipping company that operates a diverse fleet including LNG carriers, oil tankers, and bulk vessels focused on energy transportation. Chairman Takeshi Hashimoto recently stated that LNG shipments through the Strait of Hormuz remain impossible under current conditions, expressing pessimism about near-term resumption. The company continues to emphasize safety for crew, cargo, and vessels amid regional tensions affecting maritime routes. Buyer Response: LNG buyers in Asia are accelerating efforts to secure supplies from US exporters as an alternative to Middle Eastern sources affected by the Hormuz situation. LNG Market Disruption: Prolonged issues in the Strait of Hormuz are preventing LNG carriers from resuming normal operations through the key chokepoint.