WorldPosted at: Jul 15 2026 9:51PM


Shipping firms note ‘growing loss of confidence’ globally in using Strait of Hormuz route promoted by US

Washington/Tehran, Jul 15 (UNI) Shipping firms have noted a "growing loss of confidence" among shippers globally in using the southern route through the Strait of Hormuz, close to Oman's coast which has been highly promoted by the US, business intelligence firm Kpler said Wednesday.
"The absence of Omani route transits highlights a growing loss of confidence in that corridor, while shipping continues to favour Iranian approved routing," the firm said.
As per the firm, there was a slight increase in strait transits (21 in total) on Tuesday, but that all of the ships used the northern shipping lanes close to Iran, which Iranian officials had urged vessels to take in coordination with its military until Tehran declared the strait completely closed early this week.
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