A market note summarising a Clarksons Hellas SnP Weekly has identified a fresh stage in the disruption to Middle East exports that began with the Hormuz crisis. Sources published the item on 28 August 2026 under the heading CLARKSONS HELLAS – SnP WEEKLY and set out a three‑stage progression to date.
The first phase, the note records, was an immediate loss of roughly 15 million barrels per day of export capacity during the spring months. That figure is cited directly in the summary supplied for verification and forms the clearest quantitative datum available from the report.
The second phase comprised a short‑lived reopening that occurred in the second half of July. The summary describes that reopening as temporary, signalling a reversal of some curtailed flows but not a durable restoration of the earlier capacity.
The note goes on to say the market has now entered a third distinct phase, framed in the summary as one of “increased tanker …” The verified notes supplied to this article stop mid‑sentence, so the report’s full description of that phase is not available here, but the sequence of stages is clearly stated.
The Clarksons Hellas heading under SnP WEEKLY signals the assessment was produced in the context of ship sales and purchase market reading, although the supplied material does not include detailed SnP statistics. What is clear from the published summary is the shifting pattern of export availability and the short interval of resumed flows in July.
Market participants who follow crude and product movements will recognise those three phases as a staging of supply disruption, partial recovery and renewed adjustment. The supplied note itself supplies the numeric scale of the initial shock and the timing of the July reopening, leaving the report’s subsequent commentary incomplete in the material provided here.
Sequence of supply disruption
The verified summary establishes a simple chronology: an abrupt spring loss of about 15 million barrels per day of export capacity, a partial reopening in late July and a third phase thereafter. Those three points form the backbone of the Clarksons Hellas observation as carried by reports on 28 August 2026.
This chronology matters because it frames the way chartering and commercial planning must react to variable availability from a major exporting region. The summary does not set out regional port names or precise cargo flows, and no further numerical or contractual detail was included in the supplied notes.
What is known, and what is not
From the verified notes the only specific quantification is the spring capacity loss of about 15 million barrels per day and the timing of the temporary reopening in the second half of July. Beyond that the summary supplied here truncates the report’s description of the third phase.
Readers should consult the full CLARKSONS HELLAS – SnP WEEKLY item on reports for the complete commentary and any updated figures, analyses of vessel availability, or SnP market implications that were not included in the supplied excerpt.
Summary points from the verified notes:
• Spring saw an abrupt loss of c.15 million barrels per day of export capacity.
• A brief reopening occurred during the second half of July.
• The report describes a third distinct phase, with the supplied notes ending part‑way through the phrase that introduces it.
The limited set of verified facts leaves room for further reporting once the full Clarksons Hellas text or supplementary market data are made available. For now the published summary on 28 August 2026 offers a compact account of the disruption’s chronology without the expanded detail that would allow a full assessment of impacts on freight, chartering or the sales and purchase market.