Kpler reports sharp decline in vessel traffic through Strait of Hormuz

Summary

Over the weekend, only a dozen commodity vessels transited the Strait of Hormuz, a significant decline from the 35 vessels recorded the previous weekend, according to data from Kpler. This sharp decrease in visible traffic is attributed to Middle Eastern producers increasingly using tankers with their transponders switched off to maintain operational continuity amid ongoing regional hostilities. Before the outbreak of the US-Israeli war with Iran on February 28, the strait typically managed around 125 large commercial vessels each day.

Analysis

Kpler: Kpler is a data analytics firm specializing in commodity markets and global shipping intelligence, using satellite imagery and vessel transponders to monitor movements. Its tracking information forms the basis for reports on reduced visible traffic through the Strait of Hormuz in the current regional conflict. The company focuses on providing visibility into energy and agricultural commodity flows. Reuters: Reuters is an international news organization that reports on global events, business, finance, and shipping developments with real-time coverage. It highlighted the continued but less visible oil exports from the Middle East on tankers operating without active transponders during the period of heightened tensions. The outlet also provided historical context on pre-conflict vessel volumes in the strait. Maritime Tracking: Data providers are observing increased use of transponder deactivation by vessels in conflict zones to maintain operational continuity. Energy Trade Adaptation: Middle Eastern producers are shifting toward lower-visibility export methods for oil and related products amid ongoing regional hostilities.

Categories

macro
View Original Tweet