Ships Rush Through Strait of Hormuz as U.S. Blockade Looms
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Ships were scrambling Monday to pass through the Strait of Hormuz ahead of an American blockade set to take effect later in the day, underscoring the uncertainty that has emerged about transiting the strategic chokepoint since U.S.-Iranian ceasefire talks broke down over the weekend.
Early on Monday, one Chinese-owned vessel, a 70,000-ton bulk carrier, made its way out of the Persian Gulf via the strait, the strategically important waterway that had been tightly controlled by Iran since the start of the U.S. and Israel’s war on the Middle Eastern country on Feb. 28.
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- Ships rushed through Strait of Hormuz before US blockade starting Monday 10am Washington time, announced by Trump after failed Iran talks.
- Chinese 70,000-ton bulk carrier exited; two 50,000-ton tankers started; some turned back; 22 vessels transited Sunday (+22%).
- 2,400+ vessels stranded in Persian Gulf; strait carries 1/5 world oil/LNG; prior ceasefire briefly eased war disruptions since Feb. 28.
- Cosco Shipping Technology Co. Ltd.
- Cosco Shipping Technology Co. Ltd. provided shipping data: 22 vessels transited the Strait of Hormuz on Sunday (up 22% from prior day), and over 2,400 vessels remained stranded in the Persian Gulf as of Monday.
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