Precious Shipping Stays Wary of Hormuz Route After March Iranian Strike

1 articles · Updated · Bloomberg · Jun 22

Bangkok-based Precious Shipping said it is still cautious about sending vessels through the Strait of Hormuz, even as signs point to a ceasefire and some traffic resumption.
March projectile strikes by Iran hit one of the company’s ships in the chokepoint, leaving the Thai carrier more reluctant to re-enter the route.
Managing Director Khalid Hashim said mixed signals from the US and Iran, along with reports from personnel in the region, indicate security risks remain elevated.
The stance underscores how shipping operators are still weighing safety concerns in one of the world’s most important energy and trade corridors.