An Israeli Release, a Shipping Slowdown and Other Mideast News
Preliminary shipping data showed traffic fell to six vessels, below the 10-day average of about 13 as security concerns persist.
- On Wednesday, six commodity vessels transited the Strait of Hormuz, down from 11 the previous day and well below the 10-day average of around 13, preliminary shipping data showed on Thursday.
- Traffic is nowhere near the hundred-plus ships that traversed the waterway before the war, when the Strait of Hormuz once accounted for some 20% of the world's oil and natural gas.
- Kpler data shows the transit included two gas carriers and four tankers, though exact counts may vary because some vessels manipulate GPS trackers or switch off transponders during their voyages.
- Tehran has suggested it may have mined the Strait of Hormuz, while the Iranian Islamic Revolutionary Guard Corps Navy published a map offering safe inbound and outbound routes through the waterway.
- Ongoing regional hostilities, including the Feb. 28 Israeli attack, have spiked gas prices more than 40%, with prices hovering near $4 per gallon amid continued disruption to global energy markets.
29 Articles
29 Articles
Israel releases four Lebanese civilians who had been detained by its forces in southern Lebanon. Boat traffic is still scarce in the Strait of Ormuz days after the U.S. and Iran exchanged attacks...
An Israeli release, a shipping slowdown and other Mideast news
Israel has released four more Lebanese civilians who had been detained by its forces in southern Lebanon. Ship traffic remains low on the Strait of Hormuz days after the U.S. and Iran exchanged attacks for the first time in a…
Preliminary data released by Kepler Shipping Analysis on Thursday showed that six cargo ships crossed the Strait of Hormuz yesterday, down from another 11 the previous day, without the last 10 days average of about 13.
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