Hormuz Shipping Traffic Falls to Single Digits, Data Shows
Vessel transits at the Strait of Hormuz fell to seven on Thursday from 11 the previous day, preliminary ship-tracking data showed on Friday, well below the 10-day average of 15.
Iran is disabling tracking systems on most of its 39-ship tanker fleet, Reuters reported Friday, citing oil industry, trading and shipping sources, who said it was an effort to disguise the destination of oil sales.
The effort to take the ships “off radar” is designed to counter sanctions by the West, the sources told Reuters. Captains of the National Iranian Tanker Co. were ordered to switch off their black box transponders used in the shipping industry to track vessels, the sources said.
An NITC official declined comment to Reuters.
Full story at: www.reuters.com/article/2012/04/13/us-iran-oil-tracking-idUSBRE83C0TS20120413
-Dow Jones Newswires
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