Thursday, 12 August 2010

Attack on Tanker sample No Plan Yet To Change Route: Japan Min

Maritime News
August 12, 2010 14:49
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Attack on Tanker sample No Plan Yet To Change Route: Japan Min

A Japanese minister said Monday his country was investigating in cooperation with Middle Eastern states last month’s explosion on board a Japanese-owned oil tanker traveling through the Strait of Hormuz but ruled out an immediate change in shipping route.

“We are still investigating what really happened with the tanker and
it’s quite obvious it was a bomb blast but we are investigating in
cooperation with Middle Eastern countries,” Hideidhi Okada,
Vice-Minister for International Affairs at Japan’s Ministry of Economy,
Trade and Industry told Zawya Dow Jones on the sidelines of a conference
in Abu Dhabi.

“We continue to be careful and monitor all the sea lanes between Middle
Eastern countries and Japan,” he said. Japan will keep cooperating with
Middle East countries and other countries to share information, he said,
adding: “We are thinking about reinforcing security; we are still
considering what would be the best way for this.”

The July 28 explosion was last week termed as a terrorist attack by
investigators in the United Arab Emirates, who cited forensic evidence
of explosives on the vessel. Earlier, an al-Qaeda affiliated militant
group claimed responsibility for the incident.

The vice minister ruled out an immediate switching of shipping route
through the Strait of Hormuz, but said that “if attacks continue we will
consider it.”

Earlier Monday, the chairman of Japan Cooperation Center For the Middle
East, JCCME, told Zawya Dow Jones his organisation was concerned about
the safety of oil tankers in the Strait of Hormuz but there were no
immediate plans to diversify to other transport routes.

“Of course we are concerned, we depend on so much oil from this area,
but we need to know the real cost of the damage, that’s still unknown. I
don’t think we will consider diversifying our oil exports from the
region until the cost is known,” Hiroshi Okuda said.

The Strait of Hormuz is a heavily monitored waterway that cuts between
Iran and Oman. As much as 20% of the world’s daily oil supply is shipped
through the strait from major oil producing countries including Saudi
Arabia, Kuwait and the United Arab Emirates.

Source: Zawya Dow Jones

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