Hormuz commodity ship transits fall to nine, shiptracking data shows
SINGAPORE: Vessel transits at the Strait of Hormuz fell on Thursday to 9, compared with the previous day’s 14, preliminary shiptracking data showed on Friday. Of those, eight ships exited, according to the data. The 10-day average of transits is 18. Some vessels may be sailing through the waterway with their transponders turned off and are not considered in the counts. Of the eight exits, one was…
The Strait of Hormuz, a crucial waterway for global trade, saw a significant drop in vessel transits on Thursday, according to preliminary shiptracking data released on Friday. The number of transits fell to 9, marking a stark contrast to the 14 recorded the previous day. Of the 9 transits, 8 vessels exited the strait, while only one entered. This data, sourced from Kpler, suggests a potential bottleneck in the waterway.
The 10-day average of transits at the Strait of Hormuz stands at 18, which provides a benchmark for assessing the current drop. The drop-off could be attributed to the ongoing Iran war, which escalated on February 28. Prior to the conflict, the strait facilitated approximately 125 large, commercial vessels daily, including tankers, gas carriers, bulkers, and container vessels. These vessels accounted for about 20% of the world's daily crude oil and liquefied natural gas supply.
Among the eight vessels that exited the strait, one was a ballast very large gas carrier, and another was a laden very large crude carrier (VLCC). The remaining exits were made by Panamax, Supramax, short-range, and medium-range tankers. The vessel that entered the strait was a dry bulk handymax carrier.
In comparison, the vessel transits at the Bab el-Mandeb strait remained relatively stable on Thursday. The data showed 26 transits, with 12 ships entering and 14 ships exiting. This stability could suggest that while the Strait of Hormuz is experiencing issues, the Bab el-Mandeb strait is not facing similar challenges.
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- Hormuz commodity ship transits fall to nine, ship tracking data shows freemalaysiatoday.com
- Hormuz transits fall to single digits middleeasteye.net
