The Fort Worth Press - Trade ships hit in Hormuz as Iran reopening falters

USD -
AED 3.672504
AFN 64.503991
ALL 81.277337
AMD 374.792985
ANG 1.789884
AOA 918.000367
ARS 1358.553739
AUD 1.393704
AWG 1.80125
AZN 1.70397
BAM 1.661047
BBD 2.017495
BDT 123.155973
BGN 1.668102
BHD 0.377935
BIF 2978.470423
BMD 1
BND 1.274789
BOB 6.921738
BRL 4.980804
BSD 1.001741
BTN 92.955964
BWP 13.440061
BYN 2.845131
BYR 19600
BZD 2.014608
CAD 1.37785
CDF 2310.000362
CHF 0.781647
CLF 0.022578
CLP 888.623721
CNY 6.81775
CNH 6.81664
COP 3612.042974
CRC 456.834685
CUC 1
CUP 26.5
CVE 93.647289
CZK 20.634504
DJF 178.377001
DKK 6.352304
DOP 60.053505
DZD 132.66041
EGP 51.908022
ERN 15
ETB 156.407066
EUR 0.849404
FJD 2.218304
FKP 0.737751
GBP 0.739426
GEL 2.703861
GGP 0.737751
GHS 11.068835
GIP 0.737751
GMD 73.503851
GNF 8788.483587
GTQ 7.660623
GYD 209.571532
HKD 7.83905
HNL 26.615143
HRK 6.404704
HTG 131.173298
HUF 307.310388
IDR 17140.35
ILS 2.95979
IMP 0.737751
INR 92.603504
IQD 1312.242558
IRR 1321500.000352
ISK 122.070386
JEP 0.737751
JMD 158.376152
JOD 0.70904
JPY 158.630385
KES 129.103801
KGS 87.450384
KHR 4006.964202
KMF 418.00035
KPW 900.016021
KRW 1467.110383
KWD 0.30836
KYD 0.83477
KZT 469.692981
LAK 22100.301499
LBP 89702.068028
LKR 316.633403
LRD 184.313559
LSL 16.418192
LTL 2.95274
LVL 0.60489
LYD 6.334027
MAD 9.242091
MDL 17.219415
MGA 4154.741178
MKD 52.350418
MMK 2100.011828
MNT 3575.508238
MOP 8.080173
MRU 40.038218
MUR 46.290378
MVR 15.460378
MWK 1736.973969
MXN 17.311104
MYR 3.952504
MZN 63.955039
NAD 16.418192
NGN 1342.480377
NIO 36.859315
NOK 9.368704
NPR 148.729882
NZD 1.710425
OMR 0.384504
PAB 1.001741
PEN 3.446261
PGK 4.342435
PHP 59.564038
PKR 279.298569
PLN 3.59435
PYG 6381.587329
QAR 3.65196
RON 4.330404
RSD 99.664529
RUB 76.139114
RWF 1463.671493
SAR 3.751456
SBD 8.035647
SCR 15.058814
SDG 601.000339
SEK 9.164404
SGD 1.270104
SHP 0.746601
SLE 24.625038
SLL 20969.496166
SOS 572.508387
SRD 37.706038
STD 20697.981008
STN 20.807678
SVC 8.764703
SYP 110.597048
SZL 16.413436
THB 32.023038
TJS 9.446006
TMT 3.505
TND 2.907215
TOP 2.40776
TRY 44.827504
TTD 6.803686
TWD 31.480367
TZS 2599.430974
UAH 44.099112
UGX 3709.711665
UYU 39.848826
UZS 12155.930188
VES 479.657038
VND 26335
VUV 117.475878
WST 2.715253
XAF 557.099665
XAG 0.012375
XAU 0.000207
XCD 2.70255
XCG 1.805342
XDR 0.692853
XOF 557.099665
XPF 101.286679
YER 238.603589
ZAR 16.316204
ZMK 9001.203584
ZMW 19.057285
ZWL 321.999592
  • RBGPF

    -13.5000

    69

    -19.57%

  • BCE

    -0.0700

    24.09

    -0.29%

  • NGG

    -0.6000

    86.92

    -0.69%

  • CMSC

    0.1500

    22.77

    +0.66%

  • RYCEF

    0.5600

    17.66

    +3.17%

  • BP

    -3.0400

    44.59

    -6.82%

  • GSK

    1.2200

    58.35

    +2.09%

  • VOD

    -0.2200

    15.48

    -1.42%

  • BTI

    0.5400

    56.68

    +0.95%

  • AZN

    4.3300

    204.8

    +2.11%

  • BCC

    4.2400

    83.04

    +5.11%

  • RELX

    0.4700

    36.68

    +1.28%

  • CMSD

    0.1800

    23.08

    +0.78%

  • RIO

    0.4400

    100.15

    +0.44%

  • JRI

    0.1800

    13.09

    +1.38%

Trade ships hit in Hormuz as Iran reopening falters
Trade ships hit in Hormuz as Iran reopening falters / Photo: © AFP

Trade ships hit in Hormuz as Iran reopening falters

A handful of oil and gas tankers crossed the Hormuz Strait Saturday during a brief reopening, tracking data showed, but others retreated and two were reportedly attacked as Iran closed the route again.

Text size:

Iran reversed its pledge to reopen the strait to commercial traffic during a ceasefire in the Middle East war in protest at an ongoing US counter-blockade of the route, a crucial passage for commodity shipments.

During the reopening, at least eight oil and gas tankers crossed the strait early Saturday after the Iranian announcement on Friday afternoon, data from tracking firm Kpler indicated.

However tracking platform MarineTraffic showed several other crude oil tankers approached the strait but then turned back near Iran's Larak Island, a checkpoint for vessels seeking to exit the Gulf under Iranian forces' blockade of the passage.

Four French-owned container ships bearing the name of major shipping firm CMA CGM also made U-turns in the strait on Saturday around 1000 GMT after starting to exit, the platform indicated.

Gunboats of Iran's Revolutionary Guards Corp fired on a tanker in the strait northeast of Oman, the UK Maritime Trade Operations Centre (UKMTO) said in an online statement.

"Tanker and crew are reported safe. Authorities are investigating."

The UKMTO said later that it also received a report of a container ship in the same area "being hit by an unknown projectile which caused damage to some of the containers" but no fire.

Around a fifth of the world's oil and liquified natural gas pass the strait in peacetime but traffic through the route came to a near-standstill after the war erupted on February 28 with US and Israeli strikes on Iran.

- Iran tightens control -

Iran's central military command on Saturday appeared to reverse the decision to reopen the route, saying it would resume "strict management" of the strait because of the continued US naval counter-blockade.

Iranian forces' closure of the strait has trapped hundreds of ships in the Gulf and driven up the price of oil and the costs of shipping goods, with captains avoiding the region for fear of attacks or mines.

At least three of the vessels tracked exiting via the strait on Saturday were listed as being under US sanctions.

MarineTraffic indicated that a cruise ship, the Celestyal Discovery, became the first passenger vessel to transit the strait since the start of the conflict.

It crossed close to the coast of Oman on Friday afternoon after having been docked for about 47 days in the United Arab Emirates.

"Reports indicate the vessel is sailing without passengers," Marine Traffic said in a post on X.

At least two other passenger ships showed up on the tracking platform passing the strait close to Oman on Saturday.

- Shippers wary -

The shipping industry had reacted guardedly to the reopening on Friday.

"The status of mine threats in (Iran's maritime) traffic separation scheme is unclear," Jakob Larsen, chief security officer of major shipping association BIMCO, said in a statement emailed to AFP.

"BIMCO believes shipping companies should consider avoiding the area."

Shipping analysis firm AXSMarine estimated in a note Saturday that there were currently about 108 to 116 million barrels of crude oil held on vessels at sea in the Gulf.

It estimated that load could transit the strait within six to eight days following a full reopening, but shipments would take several weeks to reach key markets in Asia.

T.Mason--TFWP