Two more LPG tankers pass via Strait of Hormuz, Pg17

Key Highlights:

• Two more India-flagged LPG tankers, BW Elm and BW Tyr, crossed the Strait of Hormuz on Saturday afternoon.
• The tankers identified themselves as Indian ships with Indian crew to Iranian authorities.
• This follows four other India-flagged LPG tankers that transited the Strait of Hormuz in the past two weeks.
• As of Friday, 20 India-flagged vessels were in the Persian Gulf, according to the Shipping Ministry.

Detailed Insights:

• India has been in diplomatic talks with Iran to ensure the safe passage of its ships through the Strait of Hormuz amidst the ongoing conflict in West Asia.
• Iran stated that non-hostile vessels from countries like China, Russia, India, Iraq, and Pakistan can cross the strait in coordination with Iranian authorities.
• After the crossing of BW Elm and BW Tyr, 18 Indian ships are now east of the Strait of Hormuz, including three LPG tankers, four crude oil tankers and one LNG tanker.
• The LPG carried by BW Elm and BW Tyr is estimated to be worth over a day of India’s pre-West Asia war consumption.

Key Concepts Involved:

• Strait of Hormuz: A narrow waterway between Iran and Oman, connecting the Persian Gulf to the Gulf of Oman and Arabian Sea, and a critical route for global oil supplies.

Straight of Hormuz

• LPG (Liquefied Petroleum Gas): A flammable mixture of hydrocarbon gases used as fuel in heating appliances, cooking equipment, and vehicles.
• Deadweight Tonnage: A measure of a ship's capacity to carry weight, including cargo, fuel, fresh water, ballast water, provisions, and crew.