Iranian Shadow Fleet and Greek Affiliated Ships Lead Strait of Hormuz Transits
13 hours ago
- #Iranian dark vessels
- #oil trade
- #Strait of Hormuz
- Iranian dark vessels and other ships continue moving through the Strait of Hormuz.
- Greek-affiliated ships are currently outnumbering vessels in the Strait, loaded with oil from the Middle East Gulf.
- UAE and Chinese-linked vessels are also transiting the Strait, though data doesn't clearly show China getting preferential treatment.
- Iranian loadings and shadow fleet movements indicate additional precautions, including disabling AIS and drifting before transit.
- Lloyd’s List confirms dark vessels by tracking offline and online AIS durations, with 80% of traced transits being dark.
- Since the crisis began, 40-50 ships went offline, mostly in the Middle East Gulf, with numbers expected to rise.
- Kpler data shows Iranian tankers remain in the Gulf, displaying cautious movements but no suspension of activity.
- Transits through the Strait have decreased by 90% in tonnage, impacting global oil flows.
- India received a U.S. waiver to buy Russian crude to maintain global oil supply, avoiding significant Russian financial gain.
- South Korea, heavily reliant on Strait transits for crude, considered tapping reserves to stabilize domestic fuel prices.