Bloomberg
US · 1 hrs ago
✦ 78◉ Centre
Norden Is Assuming Its Ships Will Be Stuck in Hormuz All Year
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Norden, a major commodity shipping company, is planning for an extended closure of the Strait of Hormuz due to Iran-related tensions, reflecting growing uncertainty in the maritime cargo industry about regional shipping routes.
Norden Is Assuming Its Ships Will Be Stuck in Hormuz All Year
One of the world’s largest commodity shipping companies is planning for a scenario in which the Strait of Hormuz remains effectively shut for the rest of the year, highlighting how the Iran conflict is upending expectations across the maritime cargo industry.
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