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Tue, Oct

Hormuz Ship Traffic Slumps as Middle East Conflict Drags On

Hormuz Ship Traffic Slumps as Middle East Conflict Drags On

MARINELOG

A total of 17 commodity vessels transited the Strait of Hormuz on the weekend, down from 37 a week earlier, shipping data showed on Monday, as tension in the Gulf persisted with

A total of 17 commodity vessels transited the Strait of Hormuz on the weekend, down from 37 a week earlier, shipping data showed on Monday, as tension in the Gulf persisted with the US and Iran in stalemate.

Visible traffic through the strait, the conduit for a fifth of the world's oil and liquefied natural gas before the war, has dwindled to a trickle. However, Middle Eastern producers continue to export oil on tankers travelling with their transponders off.

Among trackable ships, five vessels exited the strait on Sunday, while another two small-sized oil tankers entered the Gulf, provisional data from analytics firm Kpler showed as of 0706 GMT.

The vessels that exited were the very large crude carrier Pinios, two tankers carrying refined oil products, and two empty carriers for bulk goods and gas.


VLCC Transferring Crude Off Fujairah, Data Shows


The Pinios was on Monday transferring 2 million barrels of Iraqi Basrah crude oil off the United Arab Emirates' Fujairah to another VLCC, New Constant, which is expected to head to China, Kpler and LSEG data showed.

Dynacom, which manages the Pinios, and Associated Maritime Co HK Ltd, manager of New Constant, did not

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