Officially open, but in reality, it still depends on the Revolutionary Guard's attitude; the shipping company's collective hesitation is very genuine.

View Original
MeNews
Analysis: Iran announces the Strait of Hormuz is "completely open," but industry stakeholders remain cautious
ME News Report, April 17 (UTC+8), Iran announced that the Strait of Hormuz will be open during the remaining ceasefire period, but industry stakeholders remain cautious. Iran's senior military officials stated that commercial ships can pass through the Strait of Hormuz under the permission of the Revolutionary Guard Navy along designated routes. German shipping company Hapag-Lloyd said that during the assessment of this statement, they will not pass through the strait for now. A company spokesperson stated in an email: "We are now beginning to evaluate the new situation and the risks involved. Therefore, we will currently refrain from passing through the strait." The CEO of the Norwegian Shipowners' Association said, "The situation in the Strait of Hormuz remains unresolved, with multiple uncertainties, including the presence of mines, applicable conditions in Iran, and issues related to enforcement. These aspects need to be clarified before any transit is assessed." The Finnish president stated that they welcome Iran's decision to open the Strait of Hormuz.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned