Maritime Data Company Says Stranded Ships Have Begun Transiting the Strait of Hormuz
MarineTraffic said only seven ships have passed since the preliminary deal, while insurance and mine-clearance disputes still slow the route.
- Despite the US-Iran memorandum of understanding signed Wednesday night to reopen the Strait of Hormuz, marine traffic remains thin, with only seven ships passing through since Sunday according to shipping monitor MarineTraffic.
- Following US-Israeli bombing in late February and a subsequent US naval blockade, the vital waterway remained largely shut for about 110 days, creating a historic maritime traffic jam that stranded more than 550 vessels.
- Anticipation of restored supply pushed Brent crude below $80 per barrel earlier this week, though industry analysts estimate the backlog could take 10 to 15 days to clear and warn elevated insurance premiums may delay full recovery.
- Iraq is nominating tankers to resume crude exports on a formal deal scheduled for June 19, while other regional producers including the United Arab Emirates continue 'going dark' by turning off GPS systems to avoid detection.
- Adam Sharpe, vice president of editorial at Lloyd's List Intelligence, noted there is no precedent for restarting Hormuz after such a disruption, suggesting a phased approach with mine clearance expected to take around two months.
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Military Times
Navy TimesUS military lifts Navy blockade in Strait of Hormuz after two months
The U.S. Navy on Thursday ended its blockade of vessels transiting the Strait of Hormuz to and from Iranian ports, U.S. Central Command announced.President Donald Trump issued the directive, ending an operation that began on April 12 and led to the redirection of 142 commercial vessels and disabling of nine non-compliant vessels.“Our great naval ships will remain in the general area to make sure that all aspects of the agreement are adhered to, …
'AVALANCHE Of Oil': Traffic In Strait Of Hormuz Explodes As Peace Plan Is Signed
Shipping traffic through the vital Strait of Hormuz has shown a measurable increase following the signing of a memorandum of understanding (MOU) between the United States and Iran aimed at ending hostilities and reopening the waterway. MarineTraffic and other tracking data indicated at least 10 commercial vessels transiting the strait that morning, with additional ships reported to be heading toward the area. This represents an initial uptick in…
Tracking the reopening of the Strait of Hormuz, in live maps and charts
By Lou Robinson, Byron Manley, CNN (CNN) — The US-Iran agreement signed on June 17 promises that commercial traffic in the Strait of Hormuz “will immediately start.” At least seven vessels were able to travel through the strait on Thursday, according to data from Marine Traffic. CNN is tracking the strait’s reopening and its traffic volumes in live maps and charts. Reopening the Strait of Hormuz — which Tehran effectively closed during the confl…
Stranded ships begin transiting through Strait of Hormuz, says maritime data company
Major global shipowners have resumed transiting the Strait of Hormuz following the US-Iran agreement signed on Wednesday, according to maritime data firm Lloyd's List Intelligence. The Strait of Hormuz is one of the world's most critical maritime chokepoints for the transport of oil and natural gas, and its closure has triggered a historic energy crisis. Iran-flagged oil tankers entered Strait Speaking at a media briefing, Lloyd's List Editor-in…
Idaho State Journal
Maritime data company says stranded ships have begun transiting the Strait of Hormuz
Maritime data company Lloyd’s List Intelligence says major shipowners have begun moving vessels through the Strait of Hormuz. For the first time in 110 days, ships owned by major companies are transiting the strait after effectively being marooned there since…
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