Abu Dhabi National Oil Co (ADNOC) has introduced a new logistics option for its refinery customers with long-term supply contracts, allowing crude deliveries via ship-to-ship transfers outside the Strait of Hormuz.
The move provides a tangible workaround for buyers seeking to mitigate exposure to the critical waterway, where geopolitical tensions have repeatedly threatened global energy flows.
Fresh explosions were reported near the Strait of Hormuz earlier today, underscoring the persistent security challenges facing maritime traffic in the corridor.
The development comes as shipping risk in the region remains elevated.
Fresh explosions were reported near the Strait of Hormuz earlier today, underscoring the persistent security challenges facing maritime traffic in the corridor.
While Saudi Arabia recently dispatched its largest volume of crude through the strait in four months, the UAE’s new transfer mechanism offers an alternative route for those willing to absorb the additional logistical complexity and cost.
This operational shift aligns with broader strategic efforts by Gulf producers to reduce dependency on the Strait of Hormuz.