Why Iranian oil could be the biggest energy story of the decade: Let’s Talk Energy Q&A

The escalating geopolitical tensions involving Iran have placed global energy markets on high alert, as highlighted by Rystad Energy’s Aditya Saraswat. With Iran controlling approximately 14 million barrels per day of liquids and significant LNG capacity, any disruption near the Strait of Hormuz threatens vital tanker routes. For merchant navy officers, this volatility impacts voyage planning and security protocols for VLCCs and LNG carriers transiting the Persian Gulf, potentially forcing rerouting near major hubs like Bandar Abbas or Fujairah.

Operational compliance remains critical under the International Ship and Port Facility Security (ISPS) Code, specifically Part A, which mandates stringent security levels for vessels operating in high-risk areas. Furthermore, adherence to SOLAS Chapter XI-2 is non-negotiable when navigating zones impacted by regional conflict. Ship managers must ensure that the Ship Security Plan (SSP) is updated to reflect current threat assessments. Classification societies and flag states are increasingly scrutinizing compliance with these maritime security regulations to mitigate risks associated with potential vessel seizures or regional instability.

Masters and navigating officers must prioritize bridge watchkeeping and radar surveillance to detect unauthorized approaches in high-risk zones. These professionals should proactively review the latest BIMCO security guidance and ensure that the vessel’s citadel is ready for immediate activation. Maintaining rigorous communication with regional maritime security centers is essential for situational awareness. Navigating officers must also verify that all AIS and LRIT systems are functioning correctly to ensure transparency while transiting these volatile energy corridors.