Shipowners Avoid Strait of Hormuz
This is a Israel news story, published by CNBC, that relates primarily to Hapag-Lloyd news.
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Shipping groups are starting to shy away from the Strait of Hormuz as Israel-Iran conflict rages on

80% Informative
Some shipowners are steering clear of the Strait of Hormuz , according to the world's largest shipping association.
Israel 's surprise attack on Iran 's military and nuclear infrastructure on Friday has been followed by four days of escalating warfare.
Israel - Iran conflict seems to be escalating, causing concerns in the shipowner community and prompting a "modest drop" in the number of ships sailing through the area.
A spokesperson for Hapag-Lloyd said the threat level for the Strait of Hormuz remains "significant" The company added that it has no immediate plans to traverse the Red Sea , however, noting it hasn't done so since the end of December 2023 .
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