The chief executive of Japan's NYK Line warned that despite recent understandings between the US and Iran, shipping through the Strait of Hormuz is likely to remain significantly below normal for months. In an interview with the Financial Times, he cited concerns over naval mines and restrictions on safe shipping lanes as major obstacles to a swift return to routine.
The head of Japanese shipping giant NYK Line warned Sunday that Strait of Hormuz traffic may remain significantly below normal for months, despite recently announced US-Iran understandings. CEO NYK cited persistent concerns over naval mines and restrictions on safe shipping corridors as structural barriers to a rapid recovery, in an interview with the Financial Times.
According to the report, vessel traffic through the strategic chokepoint is still more than 50 percent below pre-conflict levels. The warning follows similar cautions from other major shipping firms—including MOL, which warned Sunday of a prolonged, unprecedented shutdown from mines; and the world's largest oil-tanker operator, which said clearing would take weeks even after a deal.
The Zioneer has been tracking maritime security in the waterway closely: earlier Sunday, Japanese shipping giant MOL warned of a possible unprecedented, months-long closure from sea mines. Over the past two weeks, multiple reports—from the US military, the IMO chief, and tanker operators—have highlighted obstacles ranging from mine threats to insurance refusals, even as diplomatic frameworks have advanced.
- DevelopingJapanese shipping giant MOL warns prolonged, unprecedented Strait of Hormuz shutdown possible from sea mines
- StrongUS official says shipping continues transiting Strait of Hormuz
- StrongWorld's largest tanker firm warns Strait of Hormuz clearing will take weeks even after deal
- StrongUS official expects significant increase in Strait of Hormuz traffic within two weeks
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