IMO Urges Shippers Not to Risk Strait of Hormuz Transits

AI Summary

The International Maritime Organization has urged ship owners to avoid transiting the Strait of Hormuz due to high risks and volatility, emphasizing upholding international law and caution amid regional tensions.

Navigation through the Strait of Hormuz remains too dangerous for ship owners and operators to brave the chokepoint, the head of the United Nations’ International Maritime Organization (IMO) said on Wednesday. “I will maintain the message of upholding international law, for countries to do the same thing, and for companies — at this stage, particularly with the volatility — not to take risk to transit through the Strait of Hormuz,” IMO Secretary General Arsenio Dominguez told Bloomberg Radio. The IMO and other maritime…