Shipping groups issue Hormuz transit guidance as congestion risk grows

Hundreds of vessels remain unable to transit the Strait of Hormuz, raising concerns that any sudden return to more normal navigation conditions could create a serious navigational hazard in one of the world’s most sensitive waterways.  In response, ICS, BIMCO, INTERCARGO, INTERTANKO, IMCA and OCIMF have jointly produced new industry guidance aimed at helping companies and masters […]