Three Oil Tankers Depart Strait of Hormuz After Turning Off Tracking Devices

Three Oil Tankers Depart Strait of Hormuz After Turning Off Tracking Devices
Three Oil Tankers Depart Strait of Hormuz After Turning Off Tracking Devices
Shipping data from Kpler and the London Stock Exchange Group (LSEG) showed on Monday that three crude oil tankers departed the Strait of Hormuz last week and on Sunday with their tracking devices switched off to evade Iranian attacks. This highlights a growing trend to maintain oil exports from the Middle East.اضافة اعلان

According to the data, two Very Large Crude Carriers (VLCCs)—the Agios Fanourios 1 and the Chiara M.—each carrying two million barrels of Iraqi oil, transited the Strait on Sunday.

Vessel Details and Destinations
Agios Fanourios 1: Data shows the tanker is heading to Vietnam to discharge its cargo at the Nghi Son Refinery and Petrochemical complex on May 26. The vessel had failed to transit the Strait in at least two previous attempts since loading Basra Medium crude on April 17.

Chiara M.: Kpler data indicated that the vessel departed the Gulf on Sunday with its transponder turned off. The destination of the San Marino-flagged tanker, which is carrying two million barrels of Iraqi crude, remains unclear. The ship is managed by a Shanghai-based company and owned by an entity registered in the Marshall Islands. Contact details for these companies are not publicly available.

Basrah Energy: This VLCC loaded two million barrels of Upper Zakum crude from ADNOC’s Zirku terminal on May 1 and departed the Strait of Hormuz on May 6. According to the data, the Panama-flagged vessel discharged its cargo at oil tanker terminals in Fujairah on May 8. It remains unclear which company chartered the vessel, which is owned and managed by Sinokor Merchant Marine.

Context
Recently, ADNOC and its buyers have dispatched several tankers loaded with crude oil through the Strait of Hormuz in an attempt to move oil volumes that had been stalled in the Gulf due to the ongoing crisis in the Middle East.

Source: Reuters