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Wed, Apr

Maersk Cautious on Strait of Hormuz Shipping Despite US-Iran Ceasefire

Maersk Cautious on Strait of Hormuz Shipping Despite US-Iran Ceasefire

World Maritime
Maersk Cautious on Strait of Hormuz Shipping Despite US-Iran Ceasefire

COPENHAGEN, April 8 (Reuters) – Maersk MAERSKb.CO said on Wednesday the two-week ceasefire agreed between the U.S. and Iran could open some opportunities for vessels in the Strait of Hormuz, but did not yet provide enough security certainty to resume normal operations.

“At this point, we take a cautious approach, and we are not making any changes to specific services,” the Danish shipping group said in a statement to Reuters.

The war that began with U.S.-Israeli strikes on Iran in February, followed by Iranian attacks across the region and the closing of the Strait of Hormuz, has brought

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