Strait of Hormuz transit not yet possible, major shipping company says

1 week ago 6

One of the world’s largest container shipping firms on Tuesday said transits through the Strait of Hormuz are not yet possible a day after the U.S. began escorting vessels through the vital waterway. “At this point in time our risk assessment remains unchanged,” German company Hapag-Lloyd AG said in a statement, as reported by The…

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