Indian Gas Tankers Getting Ready to Sail Through Hormuz photo

NEW DELHI, March 20 - Two Indian-flagged liquefied petroleum gas tankers are set to navigate the Strait of Hormuz in the coming days after a halt in their journeys. Recently, no crude oil tankers have passed through this key waterway, as per shipping data and sources.

Many ships have been anchored since Iran made threats to target vessels attempting to exit the Gulf via the Strait of Hormuz, a route responsible for about 20% of the world’s oil and liquefied natural gas transport.

The two tankers are currently moored in the Gulf, according to information from Kpler and shipping sources.

Market assessments indicate that, in the last 24 hours, no crude tankers have traveled through the Strait. Additionally, one empty crude oil tanker, which is under U.S. sanctions, has changed its course back toward Iranian waters on March 18, as reported by separate Kpler data.

The Indian-flagged LPG tankers, Pine Gas and Jag Vasant, are docked near Sharjah in the United Arab Emirates, and both have signaled that they are preparing for a departure, according to MarineTraffic ship-tracking data from Friday.

Rajesh Kumar Sinha, special secretary at India’s federal shipping ministry, mentioned that he did not have immediate updates when asked if the vessels were getting ready to sail.

However, a trade source familiar with the situation suggested that the two LPG tankers might be set to embark on Saturday.