Middle East crisis: Two more Indian LPG tankers prepare to sail through Hormuz, but situation remains tensed
Recent market observations indicate that no crude oil tankers passed through the strait over the last 24 hours, highlighting the seriousness of the situation
PTC Web Desk: Two India-linked liquefied petroleum gas (LPG) carriers are likely to attempt passage through the Strait of Hormuz in the coming days, even as crude oil shipments along the crucial maritime route remain largely suspended due to rising regional tensions.
According to ship-tracking inputs and trade sources, the vessels, Pine Gas and Jag Vasant, are currently stationed near Sharjah in the United Arab Emirates and have begun signalling readiness for departure. Their movement comes at a time when uncertainty continues to grip one of the world’s most vital energy corridors.
The Strait of Hormuz, through which nearly a fifth of global oil and LNG supplies move, has witnessed significant disruption after Iran issued warnings about potential action against vessels attempting to exit the Gulf. As a result, several ships have remained anchored, awaiting clarity on security conditions.
Recent market observations indicate that no crude oil tankers passed through the strait over the last 24 hours, highlighting the seriousness of the situation. In a related development, data from maritime analytics firms showed that an empty crude tanker, reportedly under US sanctions, reversed course towards Iranian waters earlier this week.
Despite the tense environment, there are indications that selective shipping activity may continue. The two Indian LPG carriers are expected to sail soon, possibly as early as Saturday, although no official confirmation has been issued so far.
Government sources maintained a cautious stance. Officials from India’s shipping ministry said details about the vessels’ movement were still awaited. Meanwhile, the Ministry of External Affairs reiterated its focus on ensuring safe navigation for Indian ships operating in the region.
MEA spokesperson Randhir Jaiswal emphasised that India supports “safe and unhindered movement” of its fleet, noting that around 22 Indian vessels are currently present in Gulf waters. He also confirmed that Prime Minister Narendra Modi is engaging with international leaders to address concerns over maritime security.
The Jag Vasant has been chartered by Bharat Petroleum Corporation Limited (BPCL), while Pine Gas is operated by Indian Oil Corporation (IOC). Both companies have yet to issue any official statement.
Notably, there have been instances of limited transit despite the tensions. Sources indicated that Iran had recently permitted two Indian LPG carriers to cross the strait, suggesting that certain shipments may still be cleared under specific arrangements. Additionally, a Pakistan-bound tanker was reported to have successfully navigated the route, pointing to restricted but ongoing movement.
The potential departure of the two Indian tankers is now being closely monitored, as it could serve as an early indicator of whether commercial shipping activity is gradually resuming in the strategically critical Strait of Hormuz.