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What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
## Ship-to-Ship Transfers in the Gulf of Oman
Oil shipments from the Gulf are maintaining their flow to global markets through ship-to-ship transfers in the Gulf of Oman. This method has become crucial as direct passage through the Strait of Hormuz has significantly decreased. Recent data indicates that around 25 million barrels of crude and refined products are being transferred in this manner, involving nearly all regional countries except Iran.
## Impact of the Hormuz Situation
The Strait of Hormuz, a critical chokepoint for global oil supply, has seen a reduction in direct vessel traffic. On a recent day, only two commodity vessels were recorded passing through, marking a three-month low. This is a stark contrast to pre-conflict levels when the strait handled a significant portion of the world's oil and gas supplies.
## Adaptation and Challenges
To avoid the most contested parts of the strait, operators are using shorter shuttle voyages or turning off tracking systems to transfer oil to larger tankers outside the chokepoint. This strategy, previously used by Iran to bypass sanctions, is now widely adopted by non-Iranian exporters.
## Market Implications
The ongoing situation has led to adjustments in oil markets, with direct Hormuz throughput remaining below pre-war levels. The reliance on alternative routes highlights the region's adaptability but also underscores the fragility of global energy supplies amid geopolitical tensions.
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