Hormuz commodity ship transits fall to nine, ship tracking data shows
Of the nine ships, eight exited the Strait of Hormuz, still well below the 10-day average of 18 transits.
The Strait of Hormuz, a crucial waterway for global crude oil and liquefied natural gas supply, saw a significant drop in vessel transits to just nine on Thursday, according to preliminary ship-tracking data. This marked a stark contrast to the previous day's 14 transits, with the 10-day average standing at 18. Of the eight vessels exiting, one was a ballast very large gas carrier, another was a laden very large crude carrier (VLCC), and the rest were Panamax, Supramax, short-range, and medium-range tankers.
The only vessel entering the strait was a dry bulk handymax carrier. Prior to the Iran war's outbreak on February 28, the strait typically accommodated about 125 large commercial vessels daily, contributing to roughly 20% of the world's daily crude oil and liquefied natural gas supply. The Bab el-Mandeb strait, another critical passageway, reported 26 transits on Thursday, with 12 ships entering and 14 exiting.
One of the entering ships was a laden VLCC carrying Iraqi Basrah crude bound for Egypt, with its transponder active.
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