Iran Releases Hormuz Blacklist, Including Tankers Owned by South Korea's Janggeum Maritime

[Financial News] Iran's government, which has claimed since June that it would directly manage traffic through the Strait of Hormuz, has released a list of 45 cargo ships that violated transit rules. The list also includes vessels owned by a South Korean company.
According to foreign media, including Deutsche Welle (DW), on the 24th local time, the Persian Gulf Strait Authority, a body newly established by Iran to collect transit fees in the Strait of Hormuz, posted the list of 45 tankers on X the previous day. The authority warned that the vessels could face fines, detention, and cargo seizure for violating transit regulations in the strait.
The sanctions list includes Very Large Crude Carriers (VLCCs), liquefied natural gas (LNG) and liquefied petroleum gas (LPG) carriers, and oil product tankers. It also includes five vessels owned by South Korea's Janggeum Maritime.
The list also includes vessels owned by ADNOC Logistics and Services, a logistics and shipping unit of the United Arab Emirates (UAE) state oil company, and its subsidiary Navig8 Tankers. Ships owned by Saudi Arabia's state shipping company Bahri were also named, along with vessels managed by Norway's Klaveness and Stolt Tankers. Iran added that these ships, as well as any vessels involved in ship-to-ship transfers with them, could also be added to the blacklist.
The Persian Gulf Strait Authority urged shippers to check the latest list of vessels classified as noncompliant before planning voyages related to the Persian Gulf region.
It also said that vessels seeking removal from the noncompliant list must submit a request to Iran's maritime authorities, along with supporting documentation. The authority did not specify exactly which rules the vessels had violated.
 
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