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Visible traffic through the Strait of Hormuz remained scant on Tuesday.Source: Bloomberg<\/p>\n(Bloomberg) — Another tanker was attacked in the Strait of Hormuz as renewed hostilities empty the waterway, while a threat by Houthi rebels to blockade Saudi Arabia in the Red Sea heightened regional maritime risks.<\/p>\n
A tanker was struck by an unknown projectile northeast of Oman\u2019s Limah, according to UK Maritime Trade Operations, which followed attacks in recent days on ships owned by Dynacom Tankers Management Ltd. Hormuz was deserted on Tuesday with no vessels observed transiting, ship-tracking data shows.<\/p>\n
Iran\u2019s recent spate of attacks has focused on oil tankers shuttling through the strait along the Omani coast, often with their transponders turned off. While the latest vessel to be hit remains unidentified, earlier strikes have affected major operators such as South Korea\u2019s Sinokor Group and Greece\u2019s Dynacom, which have been instrumental in sustaining crude flows during much of the war.<\/p>\n
Visible traffic through the Strait of Hormuz remained scant on Tuesday.Source: Bloomberg<\/p>\n
In the week ending July 19, Hormuz crossings averaged seven tankers each day, compared with 16 per day a week earlier, said Rahul Kapoor, global head of shipping analytics and research for S&P Global Energy. \u201cShip operators remain increasingly cautious, with risk tolerances continuing to be tested,\u201d he said.<\/p>\n
An empty Sinokor supertanker, Plata Singapore, that was sailing toward the Gulf of Oman with the aim of reaching Saudi Arabia\u2019s Ras Tanura in the Persian Gulf, deviated from its path on Sunday, according to ship-tracking data. The vessel is currently in the Arabian Sea. The South Korean company didn\u2019t immediately respond to an emailed request for comment.<\/p>\n
The threat by Iran-backed Houthi militants to blockade Saudi Arabia\u2019s maritime traffic has added another element of risk. Shipowners with vessels seeking to transit the Red Sea were advised to review their affiliations with the kingdom, with at least one supertanker in nearby waters switching its broadcast to say that it belongs to the Indian government.\u00a0<\/p>\n
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The India-flagged supertanker, Desh Viraat, which is half-filled with crude from Fujairah, began sailing southwest earlier this week toward Bab el Mandeb in the Gulf of Aden, signaling it had armed guards onboard. Soon after the Houthi threat on Monday, it switched that signal to \u201cGovt. of India Await,\u201d making clear that it has links to New Delhi.\u00a0<\/p>\n
Desh Viraat\u2019s owner, the Shipping Corp. of India, didn\u2019t immediately respond to emailed request for comment.<\/p>\n
\u201cCompanies maintaining regular Saudi trade should consider their exposure elevated, particularly for vessels calling at Red Sea ports,\u201d maritime risk company Marisks said in a note to clients late Monday seen by Bloomberg News.<\/p>\n
Even though it remains to be seen whether the Houthis will carry through with their threat, \u201cfor shipowners, risks have heightened,\u201d said Anoop Singh, global head of shipping research at Oil Brokerage Ltd. \u201cIf you have an alternate voyage to take, then you will take that and avoid those in the region.\u201d<\/p>\n
\u00a92026 Bloomberg L.P.<\/p>\n","protected":false},"excerpt":{"rendered":"(Bloomberg) — Another tanker was attacked in the Strait of Hormuz as renewed hostilities empty the waterway, 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