
Hormuz Closure Strands 150 Tankers, Gulf Terminals Pause
The Strait of Hormuz closure halted at least 150 tankers, paused Gulf terminal operations and forced carriers to suspend bookings and reroute vessels, driving delays and higher war-risk costs.

The Strait of Hormuz closure halted at least 150 tankers, paused Gulf terminal operations and forced carriers to suspend bookings and reroute vessels, driving delays and higher war-risk costs.

Maersk pauses Trans-Suez transits via Bab el-Mandeb, reroutes ME11 and MECL around the Cape of Good Hope, and suspends Strait of Hormuz crossings until further notice.

OceanSTAR Elite’s Malaysia unit signed a 15-year FPSO charter with PETRONAS Carigali for the Sepat Integrated Redevelopment offshore Terengganu, including EPCIC plus operations and maintenance.
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