Daily Beirut

World

Five vessels transit Strait of Hormuz amid sharp 85% trade decline

Preliminary data showed five vessels crossed the Strait of Hormuz on Tuesday — unchanged from the prior day but far below the 10-day average of 15 — as maritime trade remains severely constrained six months after the strait’s closure.

··1 min read
Five vessels transit Strait of Hormuz amid sharp 85% trade decline
Share

Five vessels carrying bulk commodities transited the Strait of Hormuz on Tuesday, according to preliminary tracking data released Wednesday. The figure remained steady compared to Monday but fell significantly short of the 10-day average of 15 ships.

Breakdown of vessel movements

According to preliminary data from ship-tracking firm Kepler, two liquefied petroleum gas (LPG) carriers and one asphalt carrier exited the strait, while two empty tankers entered the waterway.

Data limitations and verification

These figures are subject to revision, as some vessels routinely deactivate their automatic identification system (AIS) transceivers during transit.

Six months after the closure of the Strait of Hormuz, maritime trade through the passage has declined by 85 percent.

Add Daily Beirut to your Google News feed to get the latest first.
Share