Danish shipping and logistics giant A.P. Moller-Maersk sees potential opportunities in the Strait of Hormuz following the two-week ceasefire between the U.S. and Iran, but maintains that the security situation remains too volatile to resume normal operations, Reuters reports.
The company stated that no changes are being made at this time, noting that any decisions regarding passage through the strait are based on ongoing risk assessments and government guidance.
The conflict, which has severely restricted maritime traffic in the region, has led to suspended bookings and the introduction of fuel surcharges. Maersk has instead utilized alternative transport solutions via ports in Saudi Arabia, Oman, and the United Arab Emirates.
The company stated that no changes are being made at this time, noting that any decisions regarding passage through the strait are based on ongoing risk assessments and government guidance.
The conflict, which has severely restricted maritime traffic in the region, has led to suspended bookings and the introduction of fuel surcharges. Maersk has instead utilized alternative transport solutions via ports in Saudi Arabia, Oman, and the United Arab Emirates.
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