On Monday, the number of commodity vessels navigating the Strait of Hormuz sharply declined to just two, a significant drop from 10 observed the previous day, as indicated by preliminary shipping data released on Tuesday. This decline does not account for any vessels that may have crossed the strait with their automatic identification system transponders deactivated to evade detection.
According to data from Kpler, the two vessels that successfully entered the waterway included a supramax ship registered in Panama and a bulk carrier flagged in Liberia, both of which took undisclosed routes to reach the strait.
Before the onset of the Iran conflict on February 28, the Strait of Hormuz typically facilitated around 125 large commercial vessels daily. This bustling passage includes a mix of tankers, gas carriers, bulk carriers, and container ships, together facilitating approximately 20 percent of the global daily supply of crude oil and liquefied natural gas.
The current reduction in vessel traffic highlights the ongoing impact of geopolitical tensions in the region, which are likely affecting shipping routes and vessel movements through the strategically important strait.
