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(https://gcaptain.com/join-the-club/?mt_source=HambugerNavigation) Sign Up (https://gcaptain.com/?memberful_endpoint=auth) Sign In   Don’t Miss Your Daily Briefing for the Maritime Industry Join the leading maritime news network — trusted by our 106,814 members  (user)   () (Enter your email)  ()  (Subscribe)        (https://www.facebook.com/gCaptain-27223368885/) (facebook)  (https://www.instagram.com/gcaptain) (instagram)  (https://twitter.com/gCaptain) (twitter)      (File image shows the Chinese-flagged VLCC Cosnew Lake supertanker)  A file image from March 2, 2024, shows the Chinese-flagged VLCC supertanker Cosnew Lake, which exited the Red Sea via the Bab el-Mandeb Strait on July 23, 2026. VLADIMIR TONIC/Handout via REUTERS  Supertankers Turn From Gulf Oil Transfer Hub Amid Iran’s Attacks (https://gcaptain.com/author/bloomberg/) Bloomberg Total Views: 330   October 13, 2026   (Bloomberg) — A growing number of empty supertankers have been turning away from the Persian Gulf as escalating (https://gcaptain.com/tag/iran-conflict/) Iranian attacks threaten a critical transfer hub for wartime oil shipments. At least 10 very large crude carriers and several Suezmax vessels approaching the port of Fujairah in the United Arab Emirates have stopped or reversed course in recent days, according to tanker-tracking data compiled by Bloomberg.  While other vessels are still continuing on their journeys into the region, the retreat of these tankers amid near-daily attacks around the Strait of Hormuz — some near Fujairah itself — raises fresh concerns over the sustainability of oil flows through the waterway. Fujairah is commonly signaled as an interim destination by vessels ultimately sailing to the Gulf of Oman — where they can collect cargoes via ship-to-ship transfer — or onward into the Persian Gulf. That makes the number of ships heading toward the port a broader indicator of tanker operators’ appetite for approaching the waterway.  The shift threatens a key workaround that has helped Persian Gulf oil exports recover to near prewar levels. Large crude carriers can wait off Fujairah and in Omani waters outside Hormuz while shuttle tankers make the riskier transit through the strait, bringing out crude and transferring it for onward shipment to buyers. The system depends on a steady supply of receiving tankers, so a significant retreat from the region by empty VLCCs could slow the flow of crude, tying up the shuttle vessels for longer when tanker availability is already tight. The pullback is particularly striking given the financial rewards on offer. A global tanker shortage has pushed shipping costs to extraordinary levels. For example, hiring a vessel to haul oil from the US to China now costs more than launching a rocket into space. © 2026 Bloomberg L.P.  Tags: (https://gcaptain.com/tag/iran-conflict/) Iran conflict  (https://gcaptain.com/tag/strait-of-hormuz/) strait of hormuz  (https://gcaptain.com/tag/supertankers/) supertankers   (logo)  Subscribe for Daily Maritime Insights Sign up for gCaptain’s newsletter and never miss an update — trusted by our 106,814 members  (user)   () (Enter your email)  ()  (Subscribe)        (https://gcaptain.com/trumps-diesel-deal-irks-allies-and-is-unlikely-to-reduce-prices/)  Prev (https://gcaptain.com)  Back to Main (https://gcaptain.com/fire-forces-crew-to-abandon-research-vessel-off-louisiana/) Next      (gCaptain-logo)   Stay Informed. Stay Connected.  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(https://gcaptain.com/join-the-club/?mt_source=ArticleSidebar) Sign Up (https://gcaptain.com/?memberful_endpoint=auth) Sign In       Related Articles   (https://gcaptain.com/saudi-arabia-strikes-houthi-targets-as-red-sea-war-escalates/) (Two tankers with Saudi oil exit Red Sea over weekend, data shows)    (https://gcaptain.com/category/news/) News  (https://gcaptain.com/saudi-arabia-strikes-houthi-targets-as-red-sea-war-escalates/) Saudi Arabia Strikes Houthi Targets as Red Sea War Escalates  Yemen's Iran-allied Houthis said Saudi Arabia was attacking the Yemeni capital Sanaa on Tuesday after a Saudi-led coalition warned civilians to stay away from an oil depot on the city's outskirts, part of a rapidly escalating war between the sides. 5 hours ago Total Views: 354      (https://gcaptain.com/new-reports-reveal-five-more-ships-hit-near-hormuz/) (Vessels in the Strait of Hormuz, as seen from Musandam)    (https://gcaptain.com/category/news/) News  (https://gcaptain.com/new-reports-reveal-five-more-ships-hit-near-hormuz/) Six Ships Struck in Single Day as Hormuz Attacks Accelerate  Six commercial vessels were reported struck in and around the Strait of Hormuz on October 11, including five tankers and a container ship, as attacks on merchant shipping continue to... October 12, 2026 Total Views: 2199      (https://gcaptain.com/iran-says-us-response-to-its-proposal-to-reopen-hormuz-was-insufficient/) (Vessels in the Strait of Hormuz near the beach of Bandar Abbas)    (https://gcaptain.com/category/shipping/) Shipping  (https://gcaptain.com/iran-says-us-response-to-its-proposal-to-reopen-hormuz-was-insufficient/) Iran Says US Response To Its Proposal To Reopen Hormuz Was ‘Insufficient’  DUBAI, Oct 11 (Reuters) – The United States’ response to Iran’s seven conditions in a proposal to reopen the strategic Strait of Hormuz was “insufficient”, Iran’s security chief, Mohsen Rezaei, was quoted by state... 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