Second Korean LNG Ship Passes Through the Strait of Hormuz... Breaks Free After 20 Days, Following HMM

[Financial News] A Korean ship carrying liquefied natural gas (LNG), which had been stranded in the Strait of Hormuz, has exited the waterway. It comes about 20 days after HMM's tanker Universal Winner first made it out.
A government official said on the 11th, "A second Korean vessel has passed through the Strait of Hormuz from inside the waterway." The official added, "Eight Korean crew members are on board, and the ship has now cleared the Strait of Hormuz and is sailing normally."
It is understood that negotiations with Iran and other arrangements for the vessel's passage were led by the foreign charterer. A charterer refers to a company that rents a ship from a shipping line. The vessel's destination is also reported not to be South Korea.
The official said, "Specific information related to the ship, including the shipping company, vessel name, and charterer, cannot be disclosed in consideration of the crew's and the company's position."
As a result, the number of Korean vessels stranded in the Strait of Hormuz has fallen to 24. The total number of Korean crew members in the waterway, including those on foreign ships, stands at 139.
Meanwhile, the HMM vessel that left the Strait of Hormuz first arrived at Ulsan Port the previous day carrying 2 million barrels of crude oil. In the case of Universal Winner, the government negotiated with Iran to secure its passage.

rainman@fnnews.com Kim Kyung-soo Reporter