Shipowners with VLCC tonnage are monitoring the situation in the Strait of Hormuz in light of the escalated tensions between Iran and the US but have not yet opted to avoid sending their vessels to the region, brokers said.
VLCC brokers said Frontline, DHT Holdings and owners with ships in the Tankers International pool have all indicated they are continuing to watch the situation but are as yet to take any action to pull their ships from the strait.
