Actual Shipping Activity in Strait of Hormuz
The data indicates a slowdown in navigation through the Strait of Hormuz, with ship owners reducing their passage due to unclear signs of its reopening after it was blocked during Iran's war. On a single day, only 6 ships passed through, compared to 9 the day before and an average of 11 ships on regular days, including large empty oil tankers, vessels carrying fuel, and sizable "Post-Panamax" class ships. This comes after US President Donald Trump's statements that the Strait of Hormuz is "open," which contradicts a previous Iranian statement asserting that the strait remains closed to navigation, despite the fact that five shipments of oil and gas used to transit before the war. Data also shows that Chinese shipping companies have been barred since late July from passing through the strait out of security concerns, leading to a significant decline in shipments via it. Meanwhile, the Bab el-Mandeb Strait has seen an increase in the number of ships passing through.
Notice: This Is an AI-Generated Summary
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