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Fertilizer Ships Face Long Backlog Even If Hormuz Reopens (opens original article in a new tab)

TL;DR

Fertilizer ships remain in a long backlog even if the Strait of Hormuz reopens, as shipowners await safety details and oil tankers are prioritized over fertilizer shipments.

  • An interim US-Iran deal may not immediately ease fertilizer flows due to shipowners waiting for safety details
  • Hormuz's closure has caused a backlog of fertilizer ships, with 40 vessels laden with fertilizer in the strait
  • Fertilizer shipments are lower by 90% since the conflict began, with oil and LNG tankers prioritized over fertilizer

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