Hormuz Tanker Transits Crash to Single Digits as Crisis Deepens
Shipping and insurance rates have surged as owners avoid the waterway amid worsening security risks and Saudi export flows, Reuters reported.
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7 Articles
Just nine ships cross Hormuz as Cyprus joins UN pressure
Ship traffic through the Strait of Hormuz fell to just nine vessels this week, as Cyprus joined dozens of countries in calling for the restoration of free navigation through one of the world’s most important shipping routes. Preliminary Kpler data published on Friday showed that eight vessels left the strait and only one entered, down […]
Preliminary vessel tracking data showed that today Friday, the number of ships that crossed the Strait of Hormuz yesterday Thursday fell to nine, compared to 14 the previous day, and at levels below the average of about 18 during the past 10 days.
Hormuz Tanker Transits Crash to Single Digits as Crisis Deepens
Only nine commodity carriers passed through the Strait of Hormuz on Thursday, eight of them exiting the waterway, Reuters reported in its now regular update on tanker numbers in the strait. The Thursday total is a further decline on already depressed numbers that have now gone from double to single digits, with the 10-day average at 18. The nine tankers that passed through Hormuz yesterday included one very large crude carrier, several Panamaxes…
According to ChainCatcher, citing foreign media reports, only nine cargo ships passed through the Strait of Hormuz on Thursday, with eight of them leaving the waterway. Thursday's total has further declined, dropping from double digits to single digits, with the 10-day average being 18. Shipowners and energy exporters are becoming increasingly cautious in their navigation through the Strait of Hormuz.
Ship traffic in the Strait of Hormuz has dropped to less than 10 ships in a day.
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