Shipping traffic through Strait of Hormuz hits one-week low

Shipping data showed that the number of vessels detected in the Strait of Hormuz on Tuesday dropped to its lowest level in a week, with only eight ships recorded as owners steered clear of this vital waterway amid ongoing fighting in the Middle East.

Data from Kpler indicated that the total number of vessels yesterday fell below the 10-day average of around 12 ships, marking the lowest daily figure since August 5. Only one vessel, a coal carrier, exited the strait, while the remaining ships continued their passage. All seven vessels entering the strait took the Iranian route.

According to Reuters, separate data from the London Stock Exchange Group showed that 11 ships passed through the strait on Tuesday, down from 14 the previous day.

Typically, between 130 and 140 ships would transit the strait before Iran closed the waterway following the start of US-Israeli strikes on February 28.

Kpler data also showed that the total number of vessels passing through the Bab al-Mandab Strait at the southern end of the Red Sea on Tuesday reached 30, exceeding the 10-day average of 25 ships.