Commodity vessel traffic through Strait of Hormuz and Bab el-Mandeb
Seven vessels transited the Strait of Hormuz on Thursday, while seventeen passed through the Bab el-Mandeb strait.
Quick Look
- Seven commodity vessels transited the Strait of Hormuz on Thursday, falling below the ten-day average.
- Meanwhile, seventeen vessels passed through the Bab el-Mandeb strait as Iran and Oman discuss management of the Hormuz waterway.
AI-generated summary
Why It Matters
The Strait of Hormuz and Bab el-Mandeb are critical maritime chokepoints for global commodity transport. Iran and Oman are currently discussing management details for the Strait of Hormuz.
Seven commodity vessels transited the Strait of Hormuz on Thursday, down from 17 a day earlier and below the 10-day average of 15, preliminary shipping data showed on Friday.
Among the seven vessels that transited were two medium-range tankers, one very large gas carrier (VLGC), one Ultramax vessel, one intermediate tanker and two chemical tankers, initial data from shiptracker Kpler showed at 0315 GMT.
Four of the vessels were exiting the strait, including the two chemical tankers, the medium range and intermediate tanker. The VLGC, Ultramax and the other medium range tanker were entering the strait.
The figures could change as some ships typically switch off transponders during the voyage.
Iran war mediators have placed renewed emphasis on reopening the Strait of Hormuz, with Tehran agreeing to draw up a list of conditions to restore normal traffic after a Qatari emissary pressed the Iranians to respect freedom of navigation.
Earlier on Wednesday, a senior Iranian source said Iran and Oman were still working on details of an agreement on the waterway after Iran's Revolutionary Guards said the two countries had agreed on how to share control of the strait and its revenues.
Meanwhile, 17 commodity vessels transited through the Bab el-Mandeb, another major maritime chokepoint in the Middle East, with six vessels entering and 11 exiting.
Open Questions
- What are the specific conditions for restoring normal traffic?
- How will the agreement between Iran and Oman be implemented?