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> Economy

Strait of Hormuz: Third Dynacom vessel owned by Giorgos Prokopiou crosses the war zone

The tanker Marathi, about 900 feet long and carrying roughly 1 million barrels of Saudi crude oil, was spotted on Thursday near the Indian port of Sikka, according to vessel tracking data and port information reported by Bloomberg

Newsroom March 27 04:43

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Another oil tanker from Dynacom, owned by Giorgos Prokopiou, has passed through the Strait of Hormuz, showing a willingness to continue operations in one of the world’s most critical energy corridors.

The vessel Marathi, approximately 900 feet long and loaded with around 1 million barrels of Saudi crude oil, was identified on Thursday near the Indian port of Sikka, according to vessel tracking data and port sources reported by Bloomberg.

Its presence there confirms that it successfully crossed the Strait of Hormuz, which has largely become inaccessible to commercial shipping following US and Israeli strikes on Iran.

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High-risk move

The voyage of Marathi marks at least the third transit by a vessel controlled by Dynacom Tankers Management Ltd. During the passage, the ship’s tracking signal was turned off—a practice often used in high-risk areas.

At the same time, Iran has declared that ships from “enemy” countries are not allowed to pass through the strait, while data shows that overall maritime activity in the area remains near zero.

Developments in the region are being closely watched by markets, as the effective “closure” of the strait has significantly restricted oil exports from the Middle East.

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