Vessel traffic through Strait of Hormuz fell to one transit March 12: CAS

Traffic through the Strait of Hormuz nearly ground to a halt March 12, according to tracking data, with just one vessel observed to transit the critical waterway, as Iran’s newly installed supreme leader escalated threats to attack shipping in and around the channel. The single ship, the bulk carrier Broad Rich, is down from seven ships recorded a day earlier, data from S&P Global Commodities atTraffic through the Strait of Hormuz nearly ground to a halt March 12, according to tracking data, with just one vessel observed to transit the critical waterway, as Iran’s newly installed supreme leader escalated threats to attack shipping in and around the channel. The single ship, the bulk carrier Broad Rich, is down from seven ships recorded a day earlier, data from S&P Global Commodities atRead More