EMEA News
Shipping Groups Issue New Strait of Hormuz Transit Safety Guidance
Global shipping industry bodies have released new guidance for vessels transiting the Strait of Hormuz as security risks in the region continue to rise.
The guidance warns that ships operating in and around the strait could face missile and drone attacks, GNSS jamming and spoofing, AIS manipulation, naval mines and severe traffic congestion, according to joint guidance issued on Wednesday.
The guidance was produced and supported by organisations including BIMCO, International Chamber of Shipping, INTERCARGO, INTERTANKO, OCIMF, the World Shipping Council and the Joint Maritime Information Center.
Shipowners and masters are advised to carry out voyage-specific risk assessments, maintain heightened bridge watchkeeping and prepare for possible electronic interference affecting navigation systems.
The document also recommends using radar, visual observations and dead reckoning instead of relying solely on GNSS signals during transit.
The guidance says transit decisions should be based on continuously updated threat assessments and notes that delaying passage may be safer during periods of heightened conflict.
Operators are also urged to stay in close contact with UKMTO, NAVCENT and other naval coordination bodies while transiting the area.
Iran plans to unveil a new mechanism for managing vessel traffic through the Strait of Hormuz that will include transit tolls and designated shipping routes.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 963.00 | 26.00 | 1351.50 | 10.50 |
| Rotterdam | 766.00 | 3.00 | 1446.00 | 11.50 |
| Houston | 817.00 | 11.50 | 1421.00 | 1.00 |
| Fujairah | 981.00 | 12.00 | 1768.50 | 17.50 |
| EMEA Average | 917.50 | 14.00 | 1740.00 | 21.00 |
| Global 20 Ports Average | 929.50 | 10.50 | 1565.00 | 13.00 |
| Global 4 Ports Average | 882.00 | 13.50 | 1496.50 | 9.50 |
| Global Average Bunker Price | 978.50 | 20.00 | 1616.50 | 18.50 |
Popular Now More
-
Oct 23Rotterdam's bunker sales recovered slightly in Q3 from the previous quarter, but volumes remained well below year-earlier levels. -
Oct 23The acquisition includes eight bunkering vessels and a long-term lease for 28,000 m3 of tank capacity in Turkey.