Shipping Industry Uncertain As Hormuz Crisis Carries On

USNI News – The absence of safe passage for merchant vessels through the Straits of Hormuz has led to uncertainty among the shipping industry, Cichen Shen, the Asia Pacific editor with shipping analysis Lloyd’s List, said during a Thursday webinar.

“For the shipping industry and many others, we are still left planning around an open-ended conflict with no visible off road, and that uncertainty is arguably as damaging as the disruption itself,” Shen said.