Hormuz must be cleared of 80 mines, may not open until year's end, says tanker body
8 Articles
8 Articles
USA-Iran Truce, oil tankers move. (possible) fees challenged by shipowners. Prices in decline and restart of the Gulf, while the WSJ accuses Trump of having yielded to Iran.Continue reading
80 Mines Are Blocking Normal Navigation in Hormuz Strait
The center of the strait of Hormuz is blocked with about 80 mines that will need clearing for normal shipping to resume, the independent tanker owner trade body has said. Several vessels began to exit the Gulf through the key maritime chokepoint on Thursday after the signing of a memorandum of understanding (MoU) between the US and Iran. However, shipping is not expected to return to normal for some time, even if a ceasefire lasted, because of t…
Hormuz must be cleared of 80 mines, may not open until year's end, says tanker body
Richard Meade, editor-in-chief at the maritime data provider Lloyd’s List, said that he doesn't believe the traffic through the Strait of Hormuz will return to normal before the end of the year.
MichaelSavage.com – Uncleared Mines Complicate Shipping Rebound in Strait of Hormuz
Normal commercial traffic through the Strait of Hormuz is not expected to fully resume until Iranian-laid naval mines are cleared from key shipping lanes, according to the Guardian, The New York Times, NPR, and others. Despite the mines, President Donald Trump said that the chokepoint has been reopened under a U.S.–Iran ceasefire framework. The Guardian…
The uncertainty surrounding the Strait of Hormuz, which was supposed to be opened by the current 60-day ceasefire between the US and Iran, continues. Ships have begun to sail through the strait, where the conflict has closed hundreds of ships, including the largest tankers, for more than three months. Fighting in southern Lebanon and conflicting statements by the Americans and...
Insurance and mine risks slow the restart of Strait of Hormuz shipping
The Strait of Hormuz may have a ceasefire framework around it, but shipping companies are still behaving as if the risk has not cleared. The result is a slow-motion restart in one of the world’s most important oil corridors, where legal, safety and operational confidence now matter as much as diplomatic language. Vessel activity briefly improved Thursday, when 25 ships passed through the channel, according to Kpler data cited in the reference ar…
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