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Home ENERGY

Thailand secures safe Hormuz passage for three stranded vessels – Asia News Network

by Newsroom Editor
April 23, 2026
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April 23, 2026

BANGKOK – PTT shoulders the cost to safeguard energy security

PTT Public Company Limited confirmed the successful return of the Serifos, a very large crude carrier (VLCC) carrying 2 million barrels of crude oil, which is expected to arrive back in Thailand in late April 2026.

The vessel had been stranded at Sharjah Ports in the United Arab Emirates since March 7, 2026, due to the impact of the unrest.

PTT has also had to shoulder a massive liquidity burden of more than 230 billion baht as it managed risk and sourced…

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