Iran announces that the Strait of Hormuz is "completely open", but relevant industry stakeholders remain cautious.

date
17/04/2026
Iran announced that the Strait of Hormuz will be open during the remaining ceasefire period. The German shipping company Hapag-Lloyd stated that they will not pass through the strait during the evaluation of this announcement. A company spokesperson said in an email statement, "We are now assessing the new situation and the risks involved. Therefore, we will currently not be passing through the strait." The CEO of the Norwegian Shipowners' Association stated, "The situation in the Strait of Hormuz has not been resolved, and there are multiple unresolved uncertainties, including the presence of mines, the conditions imposed by Iran, and issues related to actual implementation. These aspects need to be clarified before any transit can be evaluated."