"We're still nowhere near returning to conditions before the closure of the Strait of Hormuz..."

Traffic is nearing pre-war highs, but mines, rival routes and a fresh US strike on Iran show how fragile the ceasefire still is. | World News

"We're still nowhere near returning to conditions before the closure of the Strait of Hormuz..."

The available routes are extremely limited, CEO of Japan’s NYK Line Takaya Soga says

Takaya Soga, CEO of Japan’s NYK Line, said shipping would only resume at much lower volumes because of the capacity constraints of safer routes.

NYK CEO warns Strait of Hormuz shipping may stay below half of prewar levels for months despite a U.S.-Iran peace deal.

A plan to divert shipping through an alternative corridor off the Omani coast to avoid the threat of mines in the Strait of Hormuz has come under scrutiny after two attacks on…