22/06/26
Several sulphur vessels exit Hormuz after peace deal
London, 22 June (Argus) — Several sulphur vessels have transited the strait of
Hormuz since the signing of the peace deal between the US and Iran last week.
The Espada X dwt 88,300 loaded at Ruwais, UAE, and has an estimated time of
arrival (ETA) of 18 July at Jorf Lasfar, Morocco. MV Toro dwt 55,000 loaded in
Ruwais, UAE, and has an ETA of 28 June in Aqaba, Jordan. The Yan Dang Shan dwt
63,300 loaded in Ruwais, UAE, and is sailing towards Indonesia. The Xin Qi Men
dwt 81,600 loaded sulphur at Ruwais, UAE, and is headed for China. These vessels
follow earlier three transits identified as having exited the strait a week ago:
The Nejat dwt 38,000 for Bahodopi, Indonesia, loaded in Ras Laffan, Qatar. Two
vessels for Dar Es Salaam, Tanzania; the Abu Al Abyad dwt 57,000 from Ruwais,
UAE,and the Safeen Al Nasr dwt 36,600 loaded in Al Zour, Kuwait. These
deliveries are all believed to be contract shipments or earlier sales. With some
vessels having been able to sail, approximately 500,000t of sulphur in still
believed to remain loaded onto ships in the strait, much of it committed under
earlier contracts. Some vessel operators were left confused on the status of the
strait, with some attempting to exit on 17 and 18 June, only to be forced to
turn back due to a lack of permission. Confusion remains over the status, and
many consider crossing to be too big of a risk in the current, volatile
situation. Since the start of the conflict 28 February, an estimated
480,000t-500,000t of sulphur has managed to exit the strait of Hormuz at a slow
pace up until mid-June. This is around 10pc of the usual rate of sulphur exports
from the region. By Maria Mosquera Send comments and request more information at
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