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Attacks on commercial shipping in strait of Hormuz hit record high in October

October has been the worst month for attacks on commercial shipping in the Strait of Hormuz and nearby waterways, according to data compiled by a Washington-based think tank that has tracked maritime ...

Attacks on commercial shipping in strait of Hormuz hit record high in October

October witnessed the highest number of attacks on commercial shipping in the Strait of Hormuz and surrounding waters, according to a Washington-based research center. A total of 28 confirmed attacks were recorded in October, with the institute's interactive shipping incident map showing most incidents in the Strait of Hormuz. The International Maritime Organization (IMO) reported 120 incidents in the same region since Iran's conflict with the US began in February.

Over 30 VLCCs were damaged, equating to about 3.5% of the global VLCC fleet. The attacks intensified as shipowners loaded cargoes inside the Gulf due to high freight rates and discounts offered by regional producers. Iran reportedly intensified attacks to slow shipments and maintain pressure on global energy markets ahead of November's US midterm elections.

UK maritime security service noted a sharp rise in ship damage caused by attacks in October, but struggled to capture the full picture due to insufficient reporting.

Written by urgent.news from Gulf Times Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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