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Oil Tankers U-Turn, Rush to Middle East Before Hormuz Reopening

Oil Tankers U-Turn, Rush to Middle East Before Hormuz Reopening
Bloomberg Markets Wednesday 17 June 2026, 04:32 UTC By Weilun Soon 1 min read
Key Points

Oil Tankers U-Turn, Rush to Middle East Before Hormuz Reopening Two oil tankers heading toward Africa have u-turned in the Indian Ocean this week, switching their destinations to the Middle East as shipowners race to re-position vessels ahead of the possible reopening of the Strait of Hormuz. Suezmax Kapodistrias 21 made a sharp turn on Monday, ship-tracking data show, changing its next port of call to Fujairah in the United Arab Emirates port from Gabon. Very large crude carrier Coslucky...

Oil Tankers U-Turn, Rush to Middle East Before Hormuz Reopening Two oil tankers heading toward Africa have u-turned in the Indian Ocean this week, switching their destinations to the Middle East as shipowners race to re-position vessels ahead of the possible reopening of the Strait of Hormuz. Suezmax Kapodistrias 21 made a sharp turn on Monday, ship-tracking data show, changing its next port of call to Fujairah in the United Arab Emirates port from Gabon. Very large crude carrier Coslucky Lake, originally bound for South Africa, changed direction the same day, and is also signaling Fujairah.
Africa (LOCATION) the Indian Ocean (LOCATION) the Middle East (LOCATION) the Strait of Hormuz (LOCATION) Suezmax Kapodistrias 21 (PERSON) Fujairah (LOCATION) the United Arab Emirates (LOCATION) Gabon (LOCATION) Coslucky Lake (LOCATION) South Africa (LOCATION)
Originally published by Bloomberg Markets Read original →

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