Shipping data from the London Stock Exchange Group (LSEG) and Kpler showed yesterday, Saturday, that the Liquefied Petroleum Gas (LPG) tankers "BW Elm" and "BW Tyr" are crossing the Strait of Hormuz en route to India.
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The U.S.-Israeli war on Iran had led to a near-total halt in shipping traffic through the Strait. However, Iran stated a few days ago that "non-hostile vessels" could pass provided they coordinate with Iranian authorities.
According to Reuters, the data indicated that the two Indian-flagged vessels have crossed the Gulf region and are currently in the eastern part of the Strait of Hormuz.
India is currently working on gradually moving its stranded LPG shipments out of the Strait, having successfully moved four shipments so far via the tankers "Shivalik," "Nanda Devi," "Pine Gas," and "Gaj Vasant."
Rajesh Kumar Sinha, an official at the Indian Ministry of Shipping, stated that as of Friday, 20 Indian-flagged vessels—including five LPG tankers—were stranded in the Gulf. LSEG data further indicates that the LPG tankers "Gaj Vikram," "Green Asha," and "Green Sanvi" remain in the western sector of the Strait of Hormuz.
India, the world's second-largest importer of LPG, is facing its worst gas crisis in decades. Consequently, the government has slashed supplies allocated to industries to protect households from any shortage of cooking gas.
Last year, the country consumed 33.15 million tons of LPG (cooking gas). Imports accounted for approximately 60% of the total demand, with about 90% of those imports originating from the Middle East.
