Strait of Hormuz Deemed Too Dangerous for Shipping Amid Rising Tensions
The Strait of Hormuz has been declared too dangerous for ships to transit by the UN Maritime Boss and the IMO, as hostilities reignite in the region. Japan's trade chief also stated that the strait is off-limits, emphasizing the severe risks to maritime traffic.
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IMO Says Strait of Hormuz Is Too Dangerous for Ships to Transit - Bloomberg.com
IMO Says Strait of Hormuz Is Too Dangerous for Ships to Transit Bloomberg.com
Read full article →Japan Trade Chief Says Hormuz Off-Limits As Hostilities Reignite
Japan Trade Chief Says Hormuz Off-Limits As Hostilities Reignite By Michael Kern of OilPrice.com Commercial shipping through the Strait of Hormuz is once again off-limits in the near term as the renewed hostilities and threats to vessels led to another spike in risks of transiting the key tanker and container shipping lane, according to Masahiro Okafuji, chair of the Japan Foreign Trade Council. “No one would go there, because it’s dangerous,” Okafuji told a media conference ...
By Tyler Durden
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