SQUAWK/NEWS
Menu
Live News EARNINGS H impact

Shipping Firms Reassess Hormuz Sailings as US-Iran Tensions Intensify

After President Donald Trump said the US ceasefire with Iran had ended, shipowners expressed differing views on continuing voyages through the Strait of Hormuz, The report said South Korean shipping major Sinokor's position on future transits remained uncertain after one of its tankers came under attack Tuesday, with shipbrokers saying they had not received updated guidance from the company. Sinokor could not be reached for comment despite multiple attempts. Vessel traffic appeared lighter along Oman's side of the Strait of Hormuz, where ships have increasingly favored a shipping lane outside Iranian waters amid heightened regional tensions.

CL

After President Donald Trump said the US ceasefire with Iran had ended, shipowners expressed differing views on continuing voyages through the Strait of Hormuz, The report said South Korean shipping major Sinokor's position on future transits remained uncertain after one of its tankers came under attack Tuesday, with shipbrokers saying they had not received updated guidance from the company.

Sinokor could not be reached for comment despite multiple attempts.

Vessel traffic appeared lighter along Oman's side of the Strait of Hormuz, where ships have increasingly favored a shipping lane outside Iranian waters amid heightened regional tensions.