Sanctioned China tanker turns back to Strait of Hormuz, day after Gulf exit

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SINGAPORE, April 15 (Reuters) – The U.S.-sanctioned tanker Rich Starry made ​its way back to the Strait of Hormuz on Wednesday after exiting the Gulf the day before, shipping data ‌showed, failing to break through a U.S. blockade on vessels calling at Iranian ports.

U.S. President Donald Trump announced the blockade on Sunday after weekend peace talks in Islamabad between the U.S. and Iran failed to reach a deal.

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“During the first 24 hours, no ships made it past the U.S. blockade,” the U.S. Central Command ​said, opens new tabon X, adding that six vessels complied with directions from U.S. forces to turn around to re-enter an Iranian port.

The ​Chinese-owned tanker was among at least eight ships crossing the waterway on Tuesday, the first day of the ⁠U.S. blockade.

A U.S. destroyer stopped two oil tankers attempting to leave the Iranian port of Chabahar on the Gulf of Oman on ​Tuesday, a U.S. official said.

CHINESE-OWNED TANKER CARRYING METHANOL

The Rich Starry and its owner, Shanghai Xuanrun Shipping Co, were placed under U.S. sanctions for dealing ​with Iran. The company could not be reached for a comment.

The Rich Starry is a medium-range tanker carrying about 250,000 barrels of methanol that was loaded at the port of Hamriyah in the United Arab Emirates, Kpler data showed. It is currently anchored off Iran.

The blockade has created even further uncertainty for shippers, ​oil companies and war risk insurers. Traffic remains at only a fraction of the 130-plus daily crossings before the U.S. and Israel’s ​war on Iran began on February 28, industry sources said on Tuesday.

There have been no Iranian tankers carrying crude for export and passing through the ‌strait since ⁠the U.S. blockade began, according to Kpler and LSEG data.

The OPEC producer has unused onshore crude storage capacity of about 90 million barrels which can sustain its current output of 3.5 million barrels per day (bpd) for about two months if exports are halted, consultancy FGENexant said in a note.

A production cut of around 500,000 bpd to 3 million bpd would extend this window to about three months, it added.

Ships that passed Strait of Hormuz during US blockade. US-sanctioned tanker Rich Starry turned back, a day after Gulf exit.
Ships that passed Strait of Hormuz during US blockade. US-sanctioned tanker Rich Starry turned back, a day after Gulf exit.

SHIPS HEADING ​TO IRAQ

Another U.S.-sanctioned vessel, the ​Very Large Crude Carrier Alicia ⁠that has a record of carrying Iranian oil since 2023, is entering the Gulf via the strait on Wednesday, Kpler and LSEG data showed. The empty tanker, capable of carrying 2 million barrels of ​oil, is heading to Iraq to load a cargo on Thursday, Kpler data showed.

Separately, the Malta-flagged ​VLCC Agios Fanourios I ⁠entered the Gulf via the strait on Wednesday in a second attempt to transit, according to the data. The tanker was among several vessels that tried to enter the Gulf on Sunday during the U.S.-Iran ceasefire deal.

It is heading to Iraq to load Basra crude for Vietnam’s Nghi Son ⁠refinery, according ​to the data and trade sources.

Eastern Mediterranean Maritime, which manages the Agios Fanourios I, ​and Nghi Son Refinery and Petrochemical did not immediately respond to requests for comment.

source : reuters

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