Hormuz shutdown reroutes Saudi crude, and Korean yards are booking the ships that carry it

hellenicshippingnews... · Hellenic Shipping News Worldwide · 2026-09-01

Korean shipyards are reportedly fielding a surge of Suezmax tanker inquiries as the U.S.-Iran conflict reroutes Middle East crude away from the Strait of Hormuz. Shipowners are paying premiums to secure the midsize vessels now carrying the oil on its longer path through the Red Sea and Egypt. A Suezmax is the largest tanker that ...

Source: Hellenic Shipping News Worldwide — read the full report

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