Tamura Jotaro, CEO of Japan’s Mitsui OSK Lines (MOL), predicted that it will take “at least a couple of weeks, or if not a month” for shipping traffic through the Strait of Hormuz to return to pre-war levels.
“What will have to come in place is not just a simple agreement between the relevant countries, but it has to be material and translated into the real situations in the Strait of Hormuz so that shipping lines can make themselves comfortable to go through,” Tamura told the Financial Times (FT) in an interview published on Tuesday but recorded before President Donald Trump announced the peace agreement with Iran.
Tamura looked at the…
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