Seventh Indian LPG tanker crosses Hormuz; 17 ships still stranded
What's the story
The Indian LPG tanker, Green Sanvi, has successfully crossed the strategically important Strait of Hormuz. The crossing comes as a relief to India's energy supply chain amid rising fears of shortages due to the ongoing conflict between the United States and Iran. Six other tankers have also made it across since hostilities broke out, but 17 more remain stranded west of the strait.
Shipping status
Other stranded vessels
The stranded vessels include Green Asha and Jag Vikram, which are also loaded with LPG and may soon head to India. Three other LPG carriers are currently drifting northeast of Abu Musa Island in the Persian Gulf under Indian Navy instructions. They await orders for transit through the Strait of Hormuz.
Cargo details
Half a day's LPG consumption
The Green Sanvi tanker crossed the strait carrying around 44,000 tons of LPG. This is roughly equal to half a day's pre-conflict consumption by India. Despite demand moderating, supply constraints continue due to geopolitical tensions. Iran has allowed non-hostile nations like India to transit the strait under certain conditions. Ships must follow safety protocols and coordinate with Iranian authorities, while US-linked vessels face restrictions.
Trade impact
Tensions escalate between US and Iran
Tensions between Washington and Tehran have further escalated after Iran rejected a proposed ceasefire. Iranian forces recently shot down two US fighter jets. In another development, a foreign vessel carrying Iranian oil to India has changed its destination mid-voyage to China. This highlights how commercial terms are becoming as critical as logistics in determining trade flows with Iran.