Shipping Update: Full Blockade of Hormuz Strait Averted, Traffic Volume Significantly Reduced

BlockBeats News, July 14th, according to data from the shipping platform Kpler, the number of vessels passing through the Strait of Hormuz decreased by approximately 52% from July 10th to 12th. Each vessel has adopted a more cautious sailing route. Meanwhile, the number of vessels passing through Iran and the "dark path" has increased, while vessel activities in the International Maritime Organization-designated route and the Oman Sea have almost come to a complete halt.

Although no further confirmed attacks have occurred by the International Maritime Organization since June 27th, the tension between the US and Iran and warnings from the Iranian Revolutionary Guard have kept the commercial shipping industry on high alert.

Yesterday, Trump announced an immediate reinstatement of sanctions on Iran, imposing a 20% fee on cargo shipping. In response, Iran stated that they cannot "open" the Strait of Hormuz. "For those who care about this matter, let me give a simple explanation: a blockade means a blockade. It cannot be 'opened' in the Strait of Hormuz; it can only be restricted. The only way to get out of this self-inflicted dilemma is to maintain openness and flexibility in negotiations. Act rationally."