Updated
Updated · Reuters · Jun 9
Qatari LNG Tanker Al Daayen Clears Hormuz for China, Ninth Loaded Exit Since Feb. 28 War
Updated
Updated · Reuters · Jun 9

Qatari LNG Tanker Al Daayen Clears Hormuz for China, Ninth Loaded Exit Since Feb. 28 War

3 articles · Updated · Reuters · Jun 9

Summary

  • Al Daayen emerged east of the Strait of Hormuz on Monday bound for China, becoming the fifth Qatari-controlled LNG tanker to leave with cargo since the war began and lifting total loaded exits to nine.
  • Kpler and LSEG tracking showed the QatarEnergy-controlled vessel off Qatar on June 4-5 after loading at Ras Laffan on June 1, then reappearing beyond the strait.
  • ADNOC-managed Al Hamra also completed an inbound Hormuz transit to reload at Das Island after delivering to India, with Vortexa saying the ballast carrier went dark after May 30 before its second inbound trip since April.
  • The Feb. 28 U.S.-Israeli war on Iran has sharply reduced traffic through Hormuz, a chokepoint for about one-fifth of global oil and LNG supply; daily passages have fallen from 125-140 before the war, leaving about 20,000 seafarers stranded.

Insights

With the U.S. escort plan on hold, will China step in to secure the critical Strait of Hormuz shipping lane?
Beyond oil, how will the Hormuz blockade of fertilizers and helium impact global food security and technology manufacturing?