HORMUZ EFFECT: Reasons Why . . . | What's Going on With Shipping?

May 19, 2026 What's Going on With Shipping - Maritime Industry Today

 

With the ongoing crisis in the Strait of Hormuz, the industry is seeing unprecedented disruptions. 

• Supertanker (VLCC) cargo volumes have plummeted by 36%, yet voyages are getting longer as ships divert around the Cape of Good Hope. 

1. Sal breaks down the latest data from Lloyd's List and the Baltic Exchange to explain why tanker stocks are sliding, 
2. how rates for different vessel types (VLCC, Suezmax, Aframax, and MR tankers) are stabilizing, and 
3. what this means for global energy costs.

YouTube

an hour ago

The Hormuz Effect: Why Supertanker Volumes Dropped 36% & Stocks are Sliding - YouTube

 

 

 

 

REFERENCES:

Marine Traffic www.marinetraffic.com 

 Hormuz crisis slashes VLCC volumes by 36% but voyages are longer https://www.lloydslist.com/LL1157100/... 

VLCCs are once again outperforming aframaxes and product tankers https://www.lloydslist.com/LL1157205/... 

Tanker stocks slide as Hormuz-driven rally shows cracks https://www.lloydslist.com/LL1157198/... 

IEA Oil Market Report May 2025 https://iea.blob.core.windows.net/ass...