{"id":147504,"date":"2026-08-17T19:32:12","date_gmt":"2026-08-17T19:32:12","guid":{"rendered":"https:\/\/www.europesays.com\/dk\/147504\/"},"modified":"2026-08-17T19:32:12","modified_gmt":"2026-08-17T19:32:12","slug":"hormuz-shipping-traffic-falls-as-us-iran-ceasefire-expires","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/dk\/147504\/","title":{"rendered":"Hormuz Shipping Traffic Falls as US-Iran Ceasefire Expires"},"content":{"rendered":"

\n\tStrait of Hormuz<\/a> crossings remained uneventful over the past week as traffic remains subdued amid little progress in negotiations to reopen the vital oil conduit.<\/p>\n

\n\tThere were 95 confirmed transits from Aug. 10-16, down from 118 during the prior Aug. 3-9 week, according to data from ship tracking intelligence platform MarineTraffic. <\/p>\n

\n\tActivity peaked at 19 crossings last Tuesday, before declining through the weekend, reaching just three crossings on Sunday. The Sunday count was the lowest of the week and marked a sharp reduction from midweek levels.<\/p>\n

\n\tRoughly 130 to 140 vessels crossed the strait daily before the war in Iran<\/a> began on Feb. 28.<\/p>\n

\n\tThe slowdown came ahead of the expiration of the 60-day ceasefire<\/a> between the U.S. and Iran<\/a> on Monday. That deal was established by a 14-point memorandum of understanding to end the hostilities and open freedom of navigation in the Strait of Hormuz<\/a>. But both parties have violated the terms of the deal throughout the two-month period, dampening hopes that the tenuous truce would lead to a more concrete agreement to end the conflict.<\/p>\n

\n\tPresident Donald Trump signaled he was not imposing a new deadline on Tehran after the , telling Fox News Monday morning, \u201cI have no time schedule. I\u2019m not in a hurry.\u201d<\/p>\n

\n\tPresident Trump threatened to bomb Oman if the country \u201cgets in the way\u201d of U.S. efforts to reach a peace deal with Iran, according to the Fox News report. Oman, a U.S. ally, has been in negotiations with Iran<\/a> to ensure the strait is fully open for commercial shipping without any security concerns.<\/p>\n

\n\tDespite the continued lack of resolution in the shipping corridor, President Trump asserted last Wednesday that the U.S. has total control of the Strait of Hormuz.<\/p>\n

\n\tOn Friday, he ramped up that rhetoric, saying he plans to declare the Strait of Hormuz a U.S. territory.<\/p>\n

\n\tA report from Reuters on Monday said Iran has decided to shift its policy from defensive to \u201cfully offensive\u201d due to the deadlock in \u200befforts to agree a permanent end to the war.<\/p>\n

\n\t\u201cIranian entities must be prepared to escalate tensions in the Strait of Hormuz and wider region, as Iran will be ready to make decisions and take action on difficult decisions,\u201d the Iranian official said.<\/p>\n

\n\tAccording to a report from Iran\u2019s Fars News Agency, Iran\u2019s Islamic Revolutionary Guard Corps (IRGC) seized a U.A.E.-owned oil tanker in the strait Monday.<\/p>\n

\n\tWithin the hour after the report of the tanker\u2019s detainment, crude oil futures on Monday jumped 1.5 percent to $83.73 per barrel.<\/p>\n

\t\tMaersk<\/a>, Hapag-Lloyd<\/a> navigate Middle East disruption, volatile oil prices\t<\/p>\n

\n\tMaersk CEO Vincent Clerc<\/a> mentioned in an earnings call Thursday that the ocean carrier has used land bridge solutions to protect customers\u2019 supply chains when shipping to and from certain Middle Eastern countries including Saudi Arabia, Kuwait, Bahrain, the U.A.E., Qatar and Iraq.<\/p>\n

\n\tClerc said in the call that volatile oil prices will continue to play a big role in the company\u2019s unit costs for the remainder of the year, \u201cdepending on what reserves are at, what consumption is at, whether Hormuz opens or it doesn\u2019t reopen.\u201d<\/p>\n

\n\tAccording to the CEO, the company recovered Middle East-related cost increases through regional surcharges and adjustments to bunker formulas. Bunker fuel prices were up 44 percent year-on-year, resulting in a negative impact to Maersk<\/a> of roughly $612 million in the second quarter.<\/p>\n

\n\tPartner carrier Hapag-Lloyd<\/a> tallied the second quarter cash impacts of the Hormuz disruption at roughly $600 million, with average bunker consumption price increasing sequentially from $485 per metric ton in Q1 to $700 per metric ton in Q2.<\/p>\n

\n\tHandling and haulage costs were affected by higher storage expenses, fuel surcharges and increased inland transportation costs related to alternative routing solutions like land bridges, the company said. The company reopened bookings<\/a> to and from the upper Persian Gulf area last month through its land bridge alternatives and third-party feeder services in the area.<\/p>\n

\n\tThe ongoing security concerns at the Strait of Hormuz are among multiple global supply chain bottlenecks that have put upward pressure on freight rates in recent months, with ocean carriers imposing surcharges related to draft restrictions<\/a> at the Panama Canal. Congestion has also remained rampant outside Asian ports throughout July and August amid multiple typhoons, while low-water conditions in the Rhine River have slowed down inland cargo transportation across Europe.<\/p>\n","protected":false},"excerpt":{"rendered":"Strait of Hormuz crossings remained uneventful over the past week as traffic remains subdued amid little progress in…\n","protected":false},"author":2,"featured_media":147505,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[224],"tags":[531,2012,2271,245,42098,17961],"class_list":["post-147504","post","type-post","status-publish","format-standard","has-post-thumbnail","category-maersk","tag-container-shipping","tag-hapag-lloyd","tag-iran","tag-maersk","tag-ocean-freight","tag-strait-of-hormuz"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@dk\/117112520729752579","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/posts\/147504","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/comments?post=147504"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/posts\/147504\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/media\/147505"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/media?parent=147504"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/categories?post=147504"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/tags?post=147504"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}