Strait of Hormuz, Red Sea shipping threat rising, maritime group warns

Although the world’s largest direct membership organization for luminaires, tenants, ship mice and representatives is still unclear how Iran will respond to the attack of the US nuclear facilities on Saturday, warns that the threat of commercial transport in the waters around the Arabian Peninsula has increased.

“The safety threat in the Gulf of Red Sea and Aden has increased.” He said. “Houthis now threatens trader ships with relations with Israel or the United States, but attacks on other relations and merchant ships cannot be ignored.”

Larsen said US warships and Israeli traders or US traders are expected to be preferred targets for Iranians.

“We are currently crossing Hormuz Street. Warning level is high and work can change at all times.”

Integrated Logistics provider Maersk announced on Friday that Israel’s largest container port was temporarily suspended to Haifa. The $ 4.2 billion cargo facility of Adani Group in Haifa was the target of Iranian missiles, but has not been damaged. Last week, Adani’s CFO Jugeshinder “Robbie” Singh said misinformation that the harbor was wrong with a strike on the social media of Iranian social media.

Larsen from Bimco warned that Iran’s commercial transportation in the Hormuz Strait can decide to deteriorate more broadly with attacks on merchant ships. In these attacks, Antiship missiles or drones of both air and surface types can be used, he said..

“The laying of sea mines would be another dangerous development, but Iran’s intention to do it can be questioned because of the risk of environmental disaster if Iran’s commercial ships and a ship damaged.” He said.

The Hormuz Strait, which connects the Basra Bay to the Arab Sea, is considered one of the most important oil shock points in the world. Even temporarily increasing global energy prices, increasing shipping costs, and creating significant supply delays. Oil flows through the water road in 2023 average According to the US Energy Information Administration, 20.9 million barrels per day, which constitutes about 20% of global oil fluid consumption.

“Given Iran’s threat to US military bases in the region, the usability of warships is probably limited to the protection of commercial transport, especially for commercial ships that are not related to the US or Israel.” He said.

The Hormuz Strait deals with less than 4% of the global container trade, but Jebel Ali and Khor Fakkan ports are critical intermediaries for global transport networks in the region.

The majority of cargo volumes from these ports are directed to Dubai, which has become a center for the movement of the burden with its nutritious services in the Gulf of Basra, South Asia and East Africa.

Even before the US strike on Saturday, the increase in the conflict between Israel and Iran had fired the ocean load rates to rise to Jebel Ali, the largest port of the Arab Bay of Shanghai this week.

Navlun intelligence firm Xeneta, average spot ratios increased by 55% per month until Friday, he said. The rates are now $ 2,761 per forty -meter unit (Feu), a standard unit to measure the capacity and cargo volume of container ships.

On the tanker side, spot raw carriers (VLCC) between the Middle East and China increased 154% per week until Thursday. The rates of long -range tankers (LR2) in the Middle East Japan trading increased by 148% and the Middle East Japan very large gas carrier (VLGC) rates increased by 33%.

The reason behind the increase in rates includes safety measures, higher shelter fuel prices and additional expenditures for fuel costs, because ships use more fuel because they sail faster in high -risk areas.

Marsh McLennan, the world’s largest marine insurance broker, said that Hull and Machinery Insurance rates have increased by more than 60%for ships spent the Hormuz Strait.

In the light of the latest wave of defense measures, BIMCO encourages luminaires to review security risk assessments and carefully handle measures.

“Trader ships in the region, for example, move away from the Iranian coast, for example, should consider reducing the exposure of threats from Iran.” He said. “We also recommend that the ships should establish close contact with the navy in the region through the UK Maritime Trade Operations, to maintain strong awakening and increasing care, to report suspicious landscapes and events to UKMTO and to increase the flexibility of the ships to absorb the damage by providing preparations for the damage control organization, including fire shortages.”

“BIMCO never recommends to stay away from a conflict field completely. Such a decision should consider all the relevant factors of the security risk assessment by the shipowner, for example, the security deficits of the ship and the risk acceptance level of the ship, the shipowner and the cargo owner.”