Fri, 6 March 2026

Some 24 laden product tankers are now thought to be unable to depart from the Mideast Gulf as shipping traffic through the Strait of Hormuz remains at a virtual standstill. An estimated 419 KMT of naphtha are now anchored within the MEG, 419 KMT of jet, just over 400 KMT of fuel oil and 343 KMT of GO/ULSD, as well as further cargoes of gasoline and base oil. These cargoes have left their initial load ports within the MEG, declared a laden draft, and are thought to be bound for destinations outside the region, either by having been fixed to discharge elsewhere or by having already declared destination ports and ETAs.

A number of product tankers have transited through the Strait of Hormuz since military activity in the Middle East got underway, either laden or in ballast, including the Capetan Andreas which transited Hormuz on March 1 carrying naphtha from Kuwait to Mundra, while the Torm Astrid is thought to have transited the Strait on February 28 to March 1, although AIS coverage was intermittent during the journey, en route from Jubail to Singapore, also carrying naphtha.