"The Hormuz sea passage, one of the world's most strategically important choke points, would normally have about 100 vessels a day either exiting or entering the Gulf. In response to the US and Israeli attacks, Iran has effectively shut the strait, attacking at least 10 ships which were seeking to traverse it in the early days of the crisis."
"On Friday, Trump announced a $20bn (14.85bn) reinsurance scheme to revive shipping through the strait, which he said would come into effect immediately. He followed up by saying that shipowners should show some guts by sailing through the war zone."
"The Shenlong, a Chinese-made vessel operated by Greece's Dynacom Tankers Management but sailing under a Liberian flag, crossed the narrow strait to exit the Gulf on Friday, according to the data agency Kpler. The vessel switched off its transponder as it approached the strait and then began signalling again near India's coastline on Monday."
The Strait of Hormuz, a critical global shipping chokepoint normally handling approximately 100 vessels daily, has experienced severe disruption following Iranian attacks on at least 10 ships. In response to US and Israeli military actions, Iran has effectively closed the strait. Trump announced a $20 billion reinsurance scheme on Friday to revive shipping and urged shipowners to traverse the war zone. Despite these measures, only two vessels not linked to Iran or Russia have attempted passage since the announcement. One vessel disabled its transponder during transit, while another signaled Chinese ownership and crew. A handful of tankers and bulk carriers have employed various risk mitigation methods to cross the narrow strait.
#strait-of-hormuz-shipping-crisis #iran-maritime-attacks #trump-reinsurance-scheme #global-energy-security #vessel-transponder-evasion
Read at www.theguardian.com
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