The Strait of Hormuz, situated between the Persian Gulf and the Gulf of Oman, plays a vital role in global logistics and energy flow. Its importance stems from several factors – including its function as a key corridor for maritime commerce, a chokepoint for oil shipments, and its influence on regional stability and global energy security.

As reported by the Journal of Commerce, approximately 4% of global cargo volume moved through the strait last year.

Outlook of the transits through the Strait –

Due to the ongoing conflict in the Middle East, some ocean carriers have released customer advisories addressing the matter.

Hapag-Lloyd in a statement said they continue to “closely monitor the current developments in the region. At present, our vessels continue to transit the Strait of Hormuz. We are actively evaluating potential risks and stand ready to adjust our operations should conditions change.”

CMA CGM also released a statement, on June 22^nd, “At this stage, we confirm that shipping activities are proceeding as normal in the area, and that our operations and logistics chains remain unchanged. We continue to ensure full-service coverage across all routes and ports of call, with the same quality standards for our customers.”