Greek Shipowner Sends Its Biggest Oil Tanker Yet Through Hormuz
(Bloomberg) -- A Greek shipowner whose vessels have repeatedly braved the Strait of Hormuz during the Iran war sent through its biggest oil supertanker since the start of the conflict.
The Atokos, a Very Large Crude Carrier with a transport capacity of about 2 million barrels, signaled its location in the Indian Ocean on Friday, data compiled by Bloomberg show. That would suggest it navigated Hormuz, with its digital transponder off, over the past several days.
The ship is managed by Dynacom Tankers Management Ltd., according to industry databases, and its transit means the firm has now moved about 6.5 million barrels through the strait, making it by far the biggest non-Iranian shipper via the waterway. Dynacom didn’t immediately respond to a request for comment.
Transit via the strait, which handled about 20% of the world’s oil and a similar portion of liquefied natural gas before the war, otherwise remains largely shuttered. That’s forced producers across the region to shutter output and bolstered the price of crude as well as of products like jet fuel, diesel and gasoline.
The US this week began a blockade of its own on Iranian shipping, adding to one that Tehran has had in place since the fighting began.
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