Reviews & Ratings for the Rhn

Title: Two Sanctioned VLCCs Navigate Strait of Hormuz Amid U.S. Shipping Restrictions In a surprising move, two supertankers, the 'Rhin' and 'Alicia' (IMO: 9281695), successfully transited the strategically crucial Strait of Hormuz, despite claims from U.S. Central Command suggesting a comprehensive lockdown on Iranian maritime activities. The vessels, which are under sanctions, were spotted with their Automatic Identification System (AIS) activated, transparently broadcasting their locations as they made their way toward Iran. Iranian officials have confirmed the successful passage of the 'Alicia', highlighting the resilience of its shipping operations despite ongoing U.S. pressure. Combined, these Very Large Crude Carriers (VLCCs) can transport approximately four million barrels of Iranian oil, representing a staggering potential value of around $400 million—assuming they can navigate the Gulf and fulfill deliveries to Iranian customers, predominantly based in China. Additionally, even if they do not make the return journey from the Gulf, the vessels would serve as additional floating storage, enabling Iran to maintain oil production levels for another three days without any shutdowns. This activity underscores the ongoing complexities and challenges in international shipping dynamics in light of geopolitical tensions in the region.

Norwegian owner offloads Saga Unity to build cash and avoid loan covenant breaches.