Hormuz Ship Traffic Plummets to Seven Vessels Amid Ongoing Regional Tensions

The Strait of Hormuz saw a significant drop in ship traffic on Thursday, with only seven vessels transiting through the waterway. This is well below the 10-day average of 15 vessels per day.

Before the Iran war started on February 28, the strait typically handled about 125 large, commercial vessels per day, including tankers, gas carriers, bulkers and container vessels, accounting for some 20% of the world’s daily crude oil and liquefied natural gas supply.

The two Panamax ships that exited the strait were carrying fertiliser and dry bulk cargo. Five vessels entered the strait, including a Panamax vessel carrying dry bulk cargo, a Handysize vessel laden with steel, a Handysize vessel carrying grains, a medium-range tanker loaded with dirty petroleum products, and a Supramax vessel carrying dry bulk cargo.