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Shipping Execs Refuse Hormuz Voyages Until Peace Secured

6/3/2026

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Summary

Story summary

Shipping executives at the International Shipping Exhibition in Athens said they will not resume voyages through the Strait of Hormuz until a peace agreement guarantees safety.
About 1,600 commercial ships remain stuck in the Strait, which has cut off 20% of the world’s oil supply for 94 days and restricts LNG and fertilizer.
Since the war began, 39 vessels have been struck, killing 11 people in the region.

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Story summary

Shipping executives at the International Shipping Exhibition in Athens said they will not resume voyages through the Strait of Hormuz until a peace agreement guarantees safety.
About 1,600 commercial ships remain stuck in the Strait, which has cut off 20% of the world’s oil supply for 94 days and restricts LNG and fertilizer.
Since the war began, 39 vessels have been struck, killing 11 people in the region.