Gulf ship traffic via Strait of Hormuz hovers below 10-day average, data shows
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Vessels in the Strait of Hormuz are visible near the beach of Bandar Abbas, Iran, on Aug 25.
PHOTO: REUTERS
- Five commodity vessels transited the Strait of Hormuz on Aug 25, below the 10-day average of 15, according to preliminary shipping data from Kpler.
- Iran and Oman resumed talks on managing the Strait, discussing a temporary joint shipping corridor and mine removal amid US economic pressure.
- ING Economics noted normalisation in oil flows requires the US to lift sanctions and blockade on Iranian ports before significant changes occur.
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NEW DELHI - Five commodity vessels transited the Strait of Hormuz on Aug 25, little changed from a day earlier but well below the 10-day average of 15, preliminary shipping data showed on Aug 26.
Two tankers carrying liquefied petroleum gas and one tanker carrying bitumen exited the Gulf via the strait, while two empty product tankers entered the waterway from the Gulf of Oman, initial data from shiptracker Kpler showed at 0408 GMT. On Aug 24, four commodity vessels transited the waterway, the data showed.
The figures could change as some ships typically switch off their location transponders during the voyage.
Transits through the Bab el-Mandeb, another major maritime chokepoint in the Middle East, were also roughly little changed at 31 commodity vessels versus 29 the day before, Kpler data showed, but in line with the 10-day average.
Iran said it had resumed discussions with Oman on managing the Strait of Hormuz amid increased economic pressure from United States President Donald Trump.
The two sides said on Aug 25 they had explored creating a temporary joint shipping corridor and agreed to remove mines from the waterway.
“Any agreement between these two parties does not mean we will see normalisation in oil flows through the key chokepoint,” ING Economics said in a note.
“We would likely need to see the US lift its blockade on Iranian ports and ease sanctions on Iran before we see any move towards normalisation.” REUTERS
