Dry Bulk Hormuz transits now at 100% pre-war levels!

AI Summary

Dry bulk shipping traffic through the Strait of Hormuz has rebounded to 100% of pre-war levels, with AIS data recording the highest single-day transit count since the conflict began. This indicates a significant recovery in maritime trade activity in the region.

AXS Marine reported that its AIS-derived data indicates 62 verified transits through the Strait on 24 June, the highest single-day count since the conflict began. This represents 53% of the traffic recorded on the same day last year. The five-day average from 20–24 June now stands at 38.2 daily crossings, compared with 4.5 per day ...