September shipments through Hormuz reach post-war high amid increase in LNG cargoes

In September 2023, the Strait of Hormuz experienced a notable increase in liquefied natural gas (LNG) traffic, with between 19 and 21 cargo vessels reported navigating the critical waterway. This figure represents the highest level of LNG traffic since the onset of regional conflicts. The majority of these cargoes originated from Qatar and the United Arab Emirates, both major players in the global LNG market.

In response to heightened tensions in the region, some vessels have adopted unconventional transit paths, employing what is referred to as “dark transits.” This practice involves turning off tracking systems to avoid detection, a strategy that underscores the challenges and risks associated with maritime shipping in volatile areas.

The Strait of Hormuz is a pivotal maritime chokepoint, with approximately 20% of the world’s LNG and other petroleum products passing through its waters. This recent surge in LNG traffic may indicate a strategic shift among exporters and could have implications for global energy supplies and pricing in the coming months.