Brand-New LR1 Tanker Set Ablaze Near Hormuz in Double Strike
🔥 HORMUZ — A 2025-built LR1 on fire confirms no ship is new enough to be safe. 📌 LOOK CLOSER: Kavomaleas, built 2025, is among the newest hulls in global product trade — torched in its first operating year. Double strike to the engine room signals deliberate disablement. War risk insurers already exiting Hormuz; a brand-new LR1 ablaze removes the last commercial rationale to attempt transit. No modern hull is insurable here now.