An Islamic revolutionary guard boat sailed along the Persian Gulf during the IRGC Marine show to celebrate the National Day of the Persian Gulf, near Bushehr’s nuclear power plant in Bushher city of the sea, in southern Iran, on April 29, 2024.
Norfuto Norfuto Gety pictures
Some ship owners choose to stay away from the strategic importance Hermoz StraitAccording to the largest shipping association in the world, which reflects an increasing feeling Industry interruption The Israeli conflict also begins.
Israel Sudden attack In the Iranian military and nuclear infrastructure on Friday, it followed four days of the escalation of the war between the regional enemies.
This prompted ship owners to exercise an additional degree of caution in both the Red Sea and the hormone strait, Critical gate To the oil industry in the world – and a vital entry point for container ships calling for the huge port of Jebel Ali in Dubai.
Jacob Larsen, head of security in Pimco, who represents the owners of international ships, said that the Israeli conflict appears to be escalating, causing fears in the community of ship owner and pushing a “modest drop” in the number of ships sailing in the region.
Bimco, who does not usually encourage ships to stay away from certain areas, said the situation has introduced an element of uncertainty.
“Conditions and tolerance with risks differ greatly between ship owners. Most of the ship owners are currently choosing to move forward, while some seem to be far away,” Larsen told CNBC via email.
He added, “During periods of increasing security threats, freight rates and crew wages often rise, which creates an economic incentive for some of the risk of traffic through conflict areas. While these dynamics may seem primitive, they are the same mechanisms that continued in global trade through conflicts and wars for centuries.”
The Strait of Hermoz, which connects the Persian Gulf to the Arabian Sea, is recognized as one of The most important oil selection points in the world.
In 2023, the oil flows through the waterway middle 20.9 million barrels per day, according to the US Energy Information Department, which represents about 20 % of global petroleum fluid consumption.
The inability of the oil to pass the hormonal strait, even temporarily, can lead to an increase in global energy prices, the increase in shipping costs and the creation of a significant delay in the supply.
Besides oil, the Hormuz Strait is also the key to global container trading. This is because the ports in this region (Jobel Ali and Kor Fakkan) are transportation centers, which means that they are intermediate points in global charging networks.
The majority of the sizes of goods from these ports are heading to Dubai, which has become a center for freight movement with nutrition services in the Persian Gulf, South Asia and East Africa.
“There are indications that the shipping groups started” ashamed “of moving in the hormone strait in recent days, without naming any specific companies. Said.
“You can see the effect of the Houthi rebels on the Red Sea. Although there are very few attacks on shipping in that area, however, the threat has sent the vast majority of container containers in South Africa. This happened last year,” Tirchwell told CNBC “.Squawk box asia” on monday.
He added: “The ocean holders have no plans to return to the mass to the Red Sea, and so on, the severe threat to military activity about a tight important direction such as the Strait of Hermoz will be enough to disable the shipping significantly.”
Israel raises Iran for the conflict shipping rates
Shipping rates jumped after Israeli attacks on Iran last week. In fact, the data published on Monday from the KPLER Analysis Company showed that the cargo shipping rates in the East of the Gulf to China increased by 24 % on Friday to $ 1.67 a barrel.
VLCC’s shipping rates (the very large raw carrier) reflected the largest daily step from year to date, albeit from a relative calm in June, and reaffirmed the level of the risks imagined in the region.
KPLER analysts have said more increases in shipping rates are likely to be very unstable, although the sea war risk bonus is still unchanged at the present time.
The missiles launched from Iran are intercepted by Tel Aviv, Israel, June 16, 2025.
Ronin Zuffolon Reuters
David Smith, the head of Hull and the navy in the McGill insurance broker and the partners, said that the shipping rates, at least at the present time, “remain stable with the absence of noticeable increases since the last hostilities between Israel and Iran.”
But this “can change significantly”, depending on whether there is an escalation in the area.
Smith told CNBC via e -mail: “With quotations from the war valid only for 48 hours before entering the excluded” Breach “area, insurance companies have the ability to increase installments quickly in line with the perceived risks,” Smith told CNBC.
Happy-LLOYD AG Leverkusen Express is honored by Yangshan Deepwateer Port, which is run by Group Shanghai International Port Group, on August 7, 2019.
Bloomberg Bloomberg Gety pictures
A spokesman for the German container charging lining Lloyd He said that the level of threat to the Strait of Hormuz is still “important”, albeit without immediate danger to the maritime sector.
Hapag-LLOYD said that he does not expect any greater problems in crossing the waterway at the present time, while admitting that the situation could change in a “very short” period of time.
The company added that it does not have immediate plans to cross the Red Sea, noting that he has not done so since the end of December 2023.
– Lori Ann Laroco of CNBC contributed to this report.
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