Hormuz Shipping Traffic Rises Slightly as Iran-Oman Talks Continue
Commodity vessel transits through the Strait of Hormuz increased slightly on Wednesday, while traffic also slowed at Bab el-Mandeb.
Tehran, Iran. Shipping traffic through the Strait of Hormuz rose slightly on Wednesday despite the continuing standoff between the United States and Iran, according to Kpler data, as markets monitored Iran-Oman talks on the waterway.
Visible commodity vessel transits at Hormuz totalled 10 on Wednesday, up from eight on Tuesday but below the 10-day moving average of about 15 vessels.
Hormuz vessel movements
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 were still working on the details of an agreement on the Strait of Hormuz, a senior Iranian source said on Wednesday. The comments followed a statement by Iran’s Revolutionary Guards that the two countries had agreed on how to share the waterway and its revenue.
Tanker incident
A tanker was struck 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.
Bab el-Mandeb traffic
Traffic slowed for a second consecutive day at the Bab el-Mandeb strait, another key waterway.
Kpler data showed that 19 commodity vessels passed through Bab el-Mandeb on Wednesday, down from 24 the previous day. The figure included six tankers exiting the strait, among them a very large crude carrier.
Some vessels may be travelling through the waterways with their transponders switched off and may not be included in the counts.
This news item was generated automatically by Cyprus Inform from publicly available materials. Report an error →