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Tue, Oct

Strait of Hormuz Shipping Marks Slight Rise

Strait of Hormuz Shipping Marks Slight Rise

MARINELOG

Shipping traffic at the Strait of Hormuz rose slightly even as a standoff persisted between the United States and Iran, data showed on Thursday, while the market monitored Iran-Oman talks about the

Shipping traffic at the Strait of Hormuz rose slightly even as a standoff persisted between the United States and Iran, data showed on Thursday, while the market monitored Iran-Oman talks about the waterway.

Visible commodity vessel transits at Hormuz totalled 10 on Wednesday, up slightly from eight on Tuesday, data from Kpler showed. This was below a 10-day moving average of about 15 vessels.

Two medium-range fuel tankers, a liquefied petroleum gas carrier, a Panamax-sized tanker, and three handymax-sized tankers entered the strait from the Gulf of Oman.

A medium-range fuel tanker, a bitumen tanker and a bulk carrier exited the waterway from the Gulf.

Iran and Oman are still working on the details of an agreement on the Strait of Hormuz, a senior Iranian source said on Wednesday, after Iran's Revolutionary Guards said the two countries had agreed how to share the waterway and its revenue.

A tanker was hit by an unknown projectile in the Strait of Hormuz, causing a fire that was later extinguished, the United Kingdom Maritime Trade Operations agency said early on Thursday.

Meanwhile, traffic slowed for a second day at the other key waterway of the Bab el-Mandeb strait.

A total of 19 commodity

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