The oil and shipping industry remains largely in wait-and-see mode ahead of Friday’s deadline to reopen the Strait of Hormuz, although there are some tentative signs of preparations as a handful of ships begin rerouting toward the Middle East while Iranian tankers laden with oil move out.
The oil and shipping industry remains largely in wait-and-see mode ahead of Friday’s deadline to reopen the Strait of Hormuz, although there are some tentative signs of preparations as a handful of ships begin rerouting toward the Middle East while Iranian tankers laden with oil move out.
Tankers and cargo vessels are seen in the Gulf of Oman, along shipping routes linking the Strait of Hormuz and the Arabian Sea, on June 16. AP Photo
Two oil tankers heading toward Africa have U-turned in the Indian Ocean this week, switching their destinations to the Middle East as shipowners race to re-position vessels ahead of the possible reopening of the Strait of Hormuz.
Two oil tankers heading toward Africa have U-turned in the Indian Ocean this week, switching their destinations to the Middle East as shipowners race to re-position vessels ahead of the possible reopening of the Strait of Hormuz.
Empty tankers Kapodistrias 21 (in white) and Coslucky Lake were seen U-turning toward Middle East this week, after previously indicating Africa as their destinations.