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Specialist shipping trade press; captures freight-market and insurance implications immediately

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Reports the Kiku strike with technical detail: 300,866 dwt VLCC, 2 million barrels cargo, bridge damaged, all crew safe, no pollution. Notes this is Iran's third attack on commercial vessels since the US-Iran MoU was signed June 17, following the Singapore-flagged Ever Lovely on June 25.

“Tanker hit in Hormuz, threat level raised.”