Shipping traffic through the Strait of Hormuz has seen a significant rebound, according to a recent report by Lloyd's List. Despite continued US restrictions on vessels calling at Iranian ports, trade activity linked to Iran has increased, driving a spike in maritime movements.
Data reveals that at least 54 ships transited the strategic waterway between May 11 and May 17, more than doubling the 25 vessels recorded during the previous week. This surge underscores a growing trend in Iran-related trade activity in the region.
The report also highlighted a notable incident involving a liquefied natural gas (LNG) carrier owned by the Abu Dhabi National Oil Company, which entered Gulf waters with its automatic identification system (AIS) switched off, indicating a cautious approach to regional navigation.
Further analytics from the London-based firm Windward indicate that the momentum continued into this week. On Monday, May 19, 19 vessels passed through the strait, consisting of nine inbound and 10 outbound ships.
Inbound traffic was primarily composed of cargo vessels flying the flags of India and Sri Lanka. Meanwhile, outbound traffic included one tanker and nine cargo ships, five of which were flying the Iranian flag, reflecting the region's critical role in global energy and commodity logistics.
Reference(s):
Shipping traffic through Strait of Hormuz rebounds, report says
cgtn.com
