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Weekly Hormuz Transit Data Shows Modest Rebound, Still Far Below Pre-War Levels

| Hormuz Crisis

Lloyd's List Intelligence's weekly Strait of Hormuz brief recorded 73 vessel transits for Aug 10-16, up from 60 the prior week but still a fraction of the 130-140/day pre-war baseline; non-Iranian-linked transits rose to 43. The brief also noted a seafarer died after a bulker was struck in an unclaimed incident, an unconfirmed report of a separate tanker seizure near Qeshm Island, and that ADNOC L&S completed a $1.3 billion acquisition of six VLCCs and five VLGCs to expand its Hormuz-adjacent bypass capacity. Spot tanker rates on the Middle East Gulf-China route (TD3C) held above $520,000/day.

Lloyd's List's weekly Hormuz brief shows transits ticking up but still deeply suppressed
Lloyd's List's weekly Hormuz brief shows transits ticking up but still deeply suppressed — Lloyd's List Intelligence