Duration of Strait of Hormuz crisis ‘critical’ for global gas market: IGU

The International Gas Union’s annual pricing survey, released on May 20, highlights that the ongoing security crisis in the Strait of Hormuz remains a critical bottleneck for global LNG supply chains. With significant curtailments affecting Qatari and UAE export capacities, vessels such as the Q-Max and Q-Flex LNG carriers face severe operational delays. This disruption threatens to destabilize energy markets, forcing charterers to re-evaluate transit routes and increasing the risk profile for merchant navy fleets navigating these volatile Middle Eastern waters.

From a regulatory perspective, vessels transiting the Strait of Hormuz must strictly adhere to SOLAS Chapter XI-2, which governs special measures to enhance maritime security, and the International Ship and Port Facility Security (ISPS) Code. Compliance departments must ensure that Ship Security Plans (SSP) are updated to reflect current threat levels, as mandated by the IMO. Furthermore, adherence to MARPOL Annex VI remains essential during prolonged idling or route deviations, as unexpected fuel consumption patterns can complicate emissions reporting and environmental compliance documentation required by classification societies.

For masters and navigating officers, this situation demands heightened vigilance and proactive passage planning. These rank groups must prioritize bridge resource management and maintain constant communication with regional maritime security centers. It is essential to monitor real-time security bulletins and adjust transit speeds to optimize fuel efficiency while ensuring the safety of the crew and cargo. Navigating officers should be prepared for potential diversions, ensuring all navigational charts and electronic systems are updated to reflect current exclusion zones.