FT reported on the dispatch of five tankers by a Greek company through the Strait of Hormuz

The Greek shipping company Dynacom Tankers, owned by billionaire George Prokopi, continues to send tankers through the de facto closed Strait of Hormuz, despite Iran's threats to attack ships. This was reported on March 6 by the Financial Times (FT) newspaper.

According to the newspaper, since the conflict began on Saturday, February 28, Dynacom has sent at least five tankers through the sea passage. In order to avoid an attack, the vessels turned off their transponders, he said.Газета.Ru ".

"Most of the owners [of tankers] have suspended transit, <...> until everything settles down. <...> But there are several pirates who are ready to take risks," one of the newspaper's interlocutors in the brokerage market describes the situation in the strait.

The rates for transporting cargo and fuel from the Persian Gulf through the Strait of Hormuz have more than doubled: one large tanker bound for China can generate about $500,000 in revenue per day, excluding military insurance, writes FT.

The fleet of billionaire Prokopiu, which sends ships despite the risk, has more than 150 vessels. Another 85 are under construction. Brokers call the billionaire a "business legend" and emphasize that his company operates within the law and complies with price restrictions.

The shutdown of shipping in the Strait of Hormuz has hit the entire world. And here's why

Iranian Deputy Foreign Minister Kazem Gharibabadi said on March 5 that Iran does not intend to allow merchant ships and warships of opposing states through the Strait of Hormuz in the context of the conflict. At the same time, the Islamic Revolutionary Guard Corps (IRGC) reported that Iran had attacked an American tanker in the northern part of the Persian Gulf. The IRGC stated that during wartime, the rules of passage through the Strait of Hormuz are under the control of Iran.

Some major oil companies and leading trading houses suspended the supply of crude oil and fuel through the Strait of Hormuz on March 2 amid ongoing Israeli and US attacks on Iran. Among them is the Qatari state—owned company QatarEnergy, 82% of which buyers are from Asian countries. Qatar produces approximately 20% of the world's liquefied natural gas (LNG). In addition, due to the actual blocking of the sea route, oil prices are rising. The passage of ships through the Strait of Hormuz has been completely stopped.

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