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Shipping giant warns Strait of Hormuz chaos is ‘new normal’ as Tehran shifts 4M barrels

Dudley WrightBy Dudley WrightJune 28, 20263 Mins Read
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Shipping giant warns Strait of Hormuz chaos is ‘new normal’ as Tehran shifts 4M barrels
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A “new normal” of heightened risk and uncertain regulation is impacting the Strait of Hormuz, shipping firm Hapag-Lloyd warned Sunday, as military strikes escalated and conflicting routing directives plunged the waterway into operational chaos.

The remarks from the German shipping giant also came as Tehran “simultaneously” began moving millions of barrels of crude oil from Kharg Island for the first time in days, according to maritime intelligence firm Windward AI.

“At Kharg, the T-Jetty and Western Terminal loaded simultaneously for the first time in days; the East Waiting Area holds 28 tankers, 27 dark, signaling the Iranian crude export cycle restarting,” Windward AI said in a post on X.

The outbound cargo consists of an estimated 4.12 million barrels of wet cargo, including crude oil and other liquid hydrocarbons. Of that total, about 3.91 million barrels are crude oil, analytics firm Vortexa said.

GULF SHIPPING OPERATIONS GRIND TO HALT NEAR IRAN, US QUIETLY PREPARES FOR POSSIBLE STRIKE: ‘HEIGHTENED RISK’

“We have to acknowledge that this is for some months the new normal in the Persian Gulf region,” Hapag-Lloyd AG spokesperson Hanja Maria Richter told Fox News Digital.

“The situation has been fluid for us since the beginning of the conflict,” she said before adding that constant vigilance has become essential to operating in the region.

“We have been making and still make regular risk and situation assessments with our security partners, all relevant authorities and our people on shore and, of course, on the vessels,” Richter said.

“It is a region in conflict, so we consider this with every single ship we move in the region and assess the risks for every vessel and its crew individually.”

IRAN STARTS ‘INDISCRIMINATE’ STRIKES ACROSS GULF OF OMAN, HITS SHADOW TANKER TIED TO REGIME

USS George H.W. Bush aircraft carrier transiting Arabian Sea

Richter’s remarks came as U.S. Central Command (CENTCOM) launched airstrikes against Iranian targets, including Qeshm Island on June 26 after a vessel was struck in the strait.

This prompted Iran’s Islamic Revolutionary Guard Corps (IRGC) to retaliate by targeting U.S. military sites in Kuwait and Bahrain. 

Adding to the strike risk is a tug-of-war over control of the transit lanes.

Lloyd’s List described the fracturing of the waterway as a “confused, two-tier system now operating in the strait, which remains split between the Iran-controlled northern route and a U.S.-protected southern ‘highway,’ with the pre-war routes rendered unusable because of the risk of mines, separating them.”

Iran is responsible for managing and fully reopening maritime traffic through the Strait of Hormuz under recent understandings, Iranian Foreign Minister Abbas Araghchi said Sunday, according to Iran International.

EXPERTS URGE EXTREME CAUTION ON IRAN’S ‘CROWN JEWEL’ HEZBOLLAH — TERROR GROUP WITH US BLOOD ON ITS HANDS

Ships anchored in the Strait of Hormuz off Bandar Abbas in southern Iran

Iranian state television said that passage through the Strait of Hormuz demands coordination with the IRGC.

Hapag-Lloyd pushed back against any future attempts to weaponize or monetize passage through the critical global chokepoint.

“It would be fundamentally wrong to impose fees for passage through international waters,” Richter said.

“Fees for infrastructure such as the Suez Canal or the Panama Canal are a different matter, as they reflect major infrastructure investments. That is not the case with the Strait of Hormuz.”

While thousands of crew members remain caught by conflicting naval directives, Hapag-Lloyd said it had successfully navigated the initial bottleneck.

“Good news is that we were able to have all Hapag-Lloyd vessels that were affected by the temporary closure of the Strait of Hormuz and had been waiting in the Persian Gulf depart safely from the Gulf,” Richter noted before adding that “the safety of our crews is our highest priority.”

Read the full article here

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