Only 77 ships have passed through the Strait of Hormuz since March 1.

KuCoinFlash

Release Time: 03/14/2026 05:36:02

Summary

The risk-to-reward ratio for shipping through the Strait of Hormuz has deteriorated sharply since March 1, 2026, with only 77 vessels passing through by March 14, compared to 1,229 during the same period in 2025. Most of these 77 vessels are old, poorly insured, and connected to shadow fleets. Support and resistance levels in maritime trade are shifting as geopolitical tensions disrupt normal shipping patterns.

BlockBeats news: On March 14, the conflict between the U.S., Israel, and Iran caused a blockage in the Strait of Hormuz, a vital global energy transport route. Maritime data shows that only 77 vessels have passed through the Strait of Hormuz since March 1.

In comparison, between March 1 and 11 last year, 1,229 vessels passed through this strait. On the 13th, Agence France-Presse, citing Lloyd’s List, reported that of the 77 vessels passing through, most were aging ships in poor condition, lacking adequate insurance and clear ownership. This provider of maritime data and analytics stated that most of these vessels belong to so-called "shadow fleets"—oil tankers and gas carriers evading Western sanctions. (Jin10)

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