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Cosco boxships transit Hormuz on second attempt as Iran widens approved nation list

  • Two Cosco ULCs have passed through Iran’s Larak Island on their second attempt, days after abruptly turning back
  • While the move signals a diplomatic breakthrough between Beijing and Tehran, Cosco’s tanker fleet remain trapped inside the MEG
  • Meanwhile, a Chinese-owned bulker also cleared the strait after spending over a week near Larak Island

First Chinese state-owned vessels exit Gulf since Iran seized control, though selective clearances suggest Tehran is still calling the shots

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