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Explosion Rocks South Korean Cargo Ship in Strait of Hormuz

OilPrice · Tsvetana Paraskova · last updated
South Korean authorities are investigating the cause of a fire on a vessel in the Strait of Hormuz after an explosion occurred on the Korea-operated cargo ship HMM Namu on Monday.   On Tuesday, South Korea’s presidential office convened a meeting to discuss its response to the fire aboard the bulk carrier operated by South Korean shipper HMM Co. The Panama-flagged vessel was anchored in waters offshore the United Arab Emirates (UAE) when the explosion occurred early on Monday Middle Eastern time. The fire started in the engine room,…