Vessels Stuck In Hormuz Further Strain on Shipping Industry

The Strait of Hormuz remains largely closed due to an ongoing US-Iran conflict now in its third month, with hundreds of vessels and approximately 20,000 seafarers trapped in the Gulf unable to leave without safety guarantees. Daily transit traffic — normally averaging 125 vessels — has been severely disrupted, with ship operators, insurers, and flag registries all under mounting operational and safety pressure.