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PARIS – A group of ships attempted to navigate out of the Gulf on April 17, according to ship tracking data, as shipping companies took a cautious stance following Iran’s announcement that the Strait of Hormuz is open.
Earlier in the day, Iranian officials announced that the crucial waterway would be accessible for all commercial traffic during a 10-day ceasefire in Lebanon, leading to a decline in oil and other commodity prices, causing stock markets to rise.
Approximately 20 vessels initiated their journey towards the Strait of Hormuz that evening but soon paused their transit, with some turning back, as indicated by MarineTraffic data. This marked the largest collective attempt to navigate the strait since Iran effectively closed it in response to US-Israeli strikes that commenced on February 28.
The reasons for the ships’ sudden halt remain unclear. The fleet included three container ships from the French shipping company CMA CGM, which chose not to comment.
As of 2100 GMT (5 a.m., Singapore time, April 18), most vessels had turned back, although tracking data indicated some new ships, primarily tankers, were still heading towards the strait.
While shipping companies welcomed Iran’s announcement with caution, they expressed the need for further clarifications before resuming operations, particularly concerning security concerns like the potential presence of sea mines.
All commercial vessels, including those flagged by the U.S., are permitted passage through the strait, but transit plans need to be coordinated with Iran’s Islamic Revolutionary Guard Corps, according to a senior Iranian official who spoke to Reuters.
Ships will only be allowed to navigate within lanes designated as safe by Iran, and military vessels will remain prohibited, the official stated.
“We are currently verifying the announcement regarding the reopening of the Strait of Hormuz to ensure it aligns with freedom of navigation for all merchant vessels and secure passage,” commented Arsenio Dominguez, secretary-general of the UN’s shipping agency, the International Maritime Organisation.
Norway’s Shipowners’ Association highlighted that unresolved issues persist, including the threat of mines, Iranian stipulations, and how these new measures will be implemented practically.
“If this indicates a step towards reopening, it is indeed a positive development,” remarked CEO Knut Arild Hareide.
Shipping group BIMCO recommended that members refrain from rushing back, citing ongoing uncertainties regarding mine threats. A U.S. Navy advisory also noted the risks associated with potential mines.
Conversely, German shipping firm Hapag-Lloyd stated it was eager to resume transit “as soon as possible,” but acknowledged that several important questions remain unanswered.
Danish shipping company Maersk expressed that it was closely observing the circumstances, while Norwegian oil tanker firm Frontline opted to refrain from comments.
Matt Wright, lead freight analyst at the data intelligence firm Kpler, indicated that it remains uncertain which sea lanes will be available for ships to exit the Gulf.
A recently imposed route by Tehran near Larak Island could present navigational difficulties, even without toll requirements, bringing up concerns regarding compliance and insurance, he added. REUTERS
Key Takeaways
- A group of ships attempted to transit the Strait of Hormuz after Iran announced it was open.
- Shipping companies are seeking more information on security risks before resuming transit.
- All commercial ships can pass, but plans must be coordinated with Iran’s military.
- Concerns remain regarding the presence of sea mines and navigational safety.
- Shipping companies are cautiously optimistic about a potential reopening of the waterway.
FAQ
Why did the ships turn back?
The reasons for the sudden halt of the ships remain unclear, with some opting to turn back for unknown safety or security concerns.
What is the current status of the Strait of Hormuz?
As of now, Iran has announced that the strait is open for commercial traffic, but shipping companies are proceeding with caution.
Are military vessels allowed in the Strait of Hormuz?
No, military vessels are currently barred from transiting through the strait.
What should shipping companies consider before resuming operations?
Shipping companies should evaluate security risks, especially regarding sea mines, and confirm compliance with Iranian regulations.
What navigational challenges exist in the area?
There are potential navigational difficulties imposed by recent routes near Larak Island, complicating safe passage even without tolls.
