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Hapag-Lloyd cautions about a ‘new normal’ in the Strait of Hormuz following US-Iran conflicts.

Ship captured in the Strait of Hormuz near UAE, moving towards Iran, according to UK sources

Ceasefire between US and Iran is being tested

Shannon Bream of Fox News discusses the growing tensions in the Middle East, while Trey Yingst reports from Tel Aviv. Recently, the United States targeted Iranian missile and drone storage facilities after Iran attacked vessels in the Strait of Hormuz. In addition, Iran dispatched drones towards Kuwait and Bahrain, and Israel retaliated by striking Hezbollah positions in Lebanon. This escalation unfolds amid ongoing diplomatic discussions between Israel and Lebanon.

On Sunday, Hapag-Lloyd, a shipping company, indicated that a “new normal” of increased risks and unclear regulations is affecting operations in the Strait of Hormuz, which has been thrown into disarray due to heightened military actions and confusing shipping guidelines.

According to maritime data company Windward AI, the situation coincided with Iran transporting millions of barrels of oil from Kharg Island for the first time in several days. They reported that both T Pier and the West Terminal at Kharg were loading simultaneously. There are currently 28 tankers in the East Holding Area, with 27 of them stationary, suggesting that Iran is re-establishing its crude oil export activities. This outbound cargo includes around 4.12 million barrels of various liquid hydrocarbons, with approximately 3.91 million barrels being crude oil, as noted by analysis firm Vortexa.

“We need to recognize that this is likely the new reality for months in the Persian Gulf,” said Hanja Maria Richter, a spokesperson for Hapag-Lloyd. He mentioned that the fluidity of the situation has made ongoing vigilance crucial for operations in the region.

“We are continuously conducting risk assessments in collaboration with our security partners and relevant authorities, both for our onshore teams and onboard vessels,” added Richter. He emphasized that given the region’s status as a conflict zone, every vessel’s risk must be assessed individually.

Recently, U.S. Central Command (CENTCOM) executed airstrikes on Iranian positions following a collision involving a ship in the Strait on June 26. In retaliation, the Islamic Revolutionary Guards Corps (IRGC) attacked U.S. military installations in both Kuwait and Bahrain, which raises the stakes considerably.

Compounding the situation is the contentious control over traffic routes. Presently, there seems to be a chaotic dual system in the Strait: one path is controlled by Iran, and another is safeguarded by the U.S., while the original route has become hazardous because of landmines.

Iran’s foreign minister recently asserted that the country is tasked with regulating and restoring maritime traffic in the Strait of Hormuz, according to reports from Iran International News Agency.

Richter criticized any attempts to charge fees for crossing these crucial maritime routes, stating that it is fundamentally wrong to impose such charges. He clarified that while costs for major infrastructures like the Suez or Panama Canals are justified, that logic doesn’t apply to the Strait of Hormuz.

Hapag-Lloyd reported that they’ve successfully navigated initial obstacles, yet thousands of crew members continue to face challenges due to ambiguous naval instructions. “It’s positive that we were able to safely clear all Hapag-Lloyd vessels waiting in the Persian Gulf owing to the temporary shutdown of the Strait of Hormuz,” Richter remarked, underscoring that the safety of their crew remains the top priority.

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