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Strait of Hormuz crisis Red Sea Risk Political Risk and Trade

Hormuz ceasefire spurs cautious optimism but no rush for the exit

  • Just three vessels have crossed the strait since Wednesday morning’s ceasefire news
  • Priority will go to trapped ships leaving if the strait reopens, but operators will be looking more than two weeks ahead
  • Ships could leave without loading cargo first if it means getting out in time, says BIMCO

  • News

Shipping companies have met news of a two-week ceasefire between the US and Iran with cautious optimism, but no rush for the exit yet, vessel-tracking data shows

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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