‎Vessel traffic through Hormuz declines

‎Vessel traffic through Hormuz declines ‎Vessel traffic through Hormuz declines

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Vessel traffic through Hormuz drops sharply as escalating US-Iran tensions disrupt shipping activity

Ship and tanker traffic through the Strait of Hormuz fell to exceptionally low levels over the weekend as the US and Iran intensified their reciprocal military strikes across the Middle East.

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According to LSEG data, only four vessels transited the strait on July 19, down from eight vessels the previous day. The data also showed that since July 17, only three refined products tankers and one crude oil tanker have entered the strait to load cargoes.

Meanwhile, vessel-tracking data from SP Global Energy showed that the 10-day moving average of LNG cargoes passing through the strait dropped to just 0.2 cargoes per day by mid-July, compared with around 0.8 cargoes per day in late June, Reuters reported.

 

Vessel traffic through Hormuz drops sharply as escalating US-Iran tensions disrupt shipping activity

Ship and tanker traffic through the Strait of Hormuz fell to exceptionally low levels over the weekend as the US and Iran intensified their reciprocal military strikes across the Middle East.

According to LSEG data, only four vessels transited the strait on July 19, down from eight vessels the previous day. The data also showed that since July 17, only three refined products tankers and one crude oil tanker have entered the strait to load cargoes.

Meanwhile, vessel-tracking data from SP Global Energy showed that the 10-day moving average of LNG cargoes passing through the strait dropped to just 0.2 cargoes per day by mid-July, compared with around 0.8 cargoes per day in late June, Reuters reported.

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