According to Mitsui O.S.K. Lines' CEO, how long will it take for shipping through the Strait of Hormuz to resume, and what condition must be met first?

Mitsui O.S.K. Lines' CEO Jotaro Tamura stated that shipowners will not resume transit through the Strait of Hormuz for 'weeks'—specifically 'at least a couple of weeks or if not a month'—until the U.S.-Iran deal becomes 'material' and is 'translated into the real situations in the Strait of Hormuz', meaning tangible, on-the-ground evidence of safety that allows shipping lines to feel 'comfortable' resuming passage.

What did Tamura say about the sufficiency of a diplomatic agreement alone to restore confidence in Strait of Hormuz transit?

Tamura emphasized that 'what will have to come in place is not just a simple agreement between the relevant countries, but it has to be material and translated into the real situations in the Strait of Hormuz', indicating that a formal diplomatic accord—such as the U.S.-Iran deal being finalized—was insufficient on its own to restore operational confidence among shipping lines.

Strait of Hormuz transit will take ‘weeks’ to resume, largest tanker operator tells FT

ChemBrief

Strait of Hormuz transit will take ‘weeks’ to resume, largest tanker operator tells FT — ChemBrief Topics

Strait of Hormuz transit will take ‘weeks’ to resume, largest tanker operator tells FT

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