June 16 (Reuters) - Shipowners will not resume transit through the Strait of Hormuz for weeks until they are confident that the U.S.-Iran deal is "material", the chief executive of Japan's Mitsui O.S.K. Lines told the Financial Times in an interview published on Tuesday.The Iran war that began on February 28 with U.S.-Israeli strikes largely stopped shipping through the transit route for around a fifth of the world's oil and liquefied natural gas supply, along with products such as aluminium and urea.

Shipowners are closely monitoring a potential US-Iran peace deal and its implications for the Strait of Hormuz. While some express caution, others anticipate a surge in activity…

TOKYO, June 15 : Japanese shippers welcomed on Monday the U.S.-Iran peace agreement which will reopen the Strait of Hormuz but are awaiting more details of the deal and clearance…

A United States-Iran deal intended to reopen the Strait of Hormuz within days has been met with caution by shipowners and traders. Read here

Shipowners and traders are cautiously awaiting details on a potential reopening of the Strait of Hormuz, a vital oil and gas route disrupted by conflict. While a US-Iran deal is…

The US-Iran agreement to reopen the Strait of Hormuz may alleviate immediate energy concerns, but analysts predict weeks-long delays due to a backlog of 500 stranded ships.

Japanese shipping companies are waiting for the formal signing of a U.S.-Iran agreement before sending stranded vessels through the Strait of Hormuz, despite signs that maritime…

Shippers have welcomed the news of the deal but are still waiting for more details, including mine clearance in the strait.

Shipping groups warned Monday it was too soon to safely resume sailing through the Strait of Hormuz following US and Iranian promises that the trade route would reopen under their…

Shipping groups warned Monday that it was too soon to start sailing through the Strait of Hormuz following US and Iranian promises that the trade route would reopen under their…

"The flow of traffic will take some time to improve due to mines in the strait."

TOKYO/COPENHAGEN — Shippers in Asia and Europe said confidence in resuming transit through the Strait of Hormuz could take weeks to rebuild and nav...

The tentative agreement to end the war in Iran and reopen the Strait of Hormuz would be good news for the global economy.

Strait of Hormuz traffic disruptions will last weeks, with normalization by June 15 at 0.2% YES and by July 15 at 40.5% YES.

Frontline Ltd warns Strait of Hormuz shipping will take weeks to resume despite US-Iran deal, while Iran's Bitcoin toll acceptance draws crypto attention.

Shipping companies will delay passage through the Strait of Hormuz for several weeks. This delay will continue until a U.S.-Iran agreement is deemed substantial. Shipowners need…

Mitsui OSK Lines chief Jotaro Tamura said many operators would wait before restarting crossings despite the US-Iran deal to reopen the waterway.

June 16 (Reuters) - Shipowners will not resume transit through the Strait of Hormuz for weeks until they are confident that the U.S.-Iran deal is "material", the chief executive…

The CEO of Japan’s Mitsui O.S.K. Lines said shipping through the waterway ‘may take at least a couple of weeks’ to restart.

Mitsui O.S.K. Lines anticipates weeks before resuming Strait of Hormuz transit, pending confidence in U.S.-Iran deal's effectiveness.

Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.AllNewsSportCultureLifestyleShipping through the Strait of Hormuz is…