QatarEnergy-controlled LNG tanker heads to Pakistan after exiting Hormuz, first in nearly three weeks

SINGAPORE: A QatarEnergy-controlled liquefied natural gas tanker exited the Strait of Hormuz overnight and is set to arrive at Pakistan’s Port Qasim on July 31, the first such vessel visible on ship-tracking data to leave the waterway since July 11, data from analytics firms showed on Thursday.

The Al Areesh tanker, which loaded a cargo at Qatar’s Ras Laffan terminal around July 4-6, sailed out of the strait overnight on July 29, according to Kpler and LSEG data.

LSEG data shows it is currently heading to Port Qasim, Pakistan, with an estimated arrival date of July 31. Its departure marks the first time a QatarEnergy-controlled LNG tanker exited the Strait of Hormuz since the Al Rekayyat was struck in early July.

The previous LNG tanker to exit was the Al Hamra, which left on July 11 carrying a cargo loaded at the United Arab Emirates’ Das Island, according to Kpler data.

Separately, the Mraweh LNG tanker, which was last detected outside the Strait of Hormuz in ballast on July 24, reappeared inside the strait on Thursday, according to Kpler and LSEG data. The ADNOC Gas-controlled vessel remained in ballast, Kpler data showed.

Largest LNG carrier berthed at Port Qasim

QatarEnergy and ADNOC did not immediately respond to a request for comment outside of business hours.

Twelve commodity ships passed through the Strait of Hormuz on Wednesday, with six entering and six exiting, Kpler data showed. The number increased from the previous two days.

BAB EL-MANDEB

Nineteen commodity ships passed through the Bab el-Mandeb strait on Wednesday, down from the transit on Monday and Tuesday, Kpler data showed. LSEG put the number of transits at 26. Of the 19 ships passing through according to Kpler, eight entered the strait while 11 exited. Among those exiting, four were tankers carrying crude.

Some ships could still be sailing with their transponders turned off, which are not considered in the counts. Visible crude loadings from the Red Sea port of Yanbu fell by at least 30% last week after Yemen’s Houthis declared a blockade on Saudi Arabia, Kpler and AXSMarine data showed, though Vortexa estimated that exports remained broadly stable, citing a rise in so-called dark tanker loadings.

Oil prices slip as tankers continue to ply Middle East conflict zones

“We have observed a clear increase in the number of crude/condensate tankers heading north after loading in the Red Sea. The shift reflects the renewed security risk around Bab el-Mandeb,” said Vortexa analyst George Morris.

“Cargoes loaded at Yanbu accounted for around 15% of Asia’s seaborne crude/condensate imports in June, so any sustained disruption has meaningful implications for Asian refiners.”