South Korean Oil Tanker Completes Red Sea Transit, Ninth Shipment Since April

A South Korean vessel has successfully transited the Red Sea and is currently en route home, Yonhap reported. The transit marked the ninth crude oil shipment to use the route since April, according to the Ministry of Oceans and Fisheries. The oil tanker loaded crude oil at Saudi Arabia's Yanbu Port.

The vessel passed through the Red Sea as South Korea seeks to import oil through alternative routes amid disruption to shipping through the Strait of Hormuz. "As the vessel passed through the Red Sea, we monitored the situation around the clock and provided safety information while maintaining communication channels between the government, the shipper and the vessel," the ministry said.

"We will continue efforts to maintain the stability of crude oil supplies to the country," it added.

A South Korean oil tanker is moored at a pier of refiner GS Caltex Corp. in Yeosu, South Jeolla Province, southwestern South Korea.