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Shipping Companies Face 'Worst-Case Scenario' in Strait of Hormuz Amid Escalating Iranian Attacks

2026-07-18 14:49:23

According to Marisks CEO Dimitris Maniatis, speaking at a Lloyd's List Intelligence briefing, shipping companies are facing the 'worst-case scenario' in the Strait of Hormuz amid escalating Iranian attacks on vessels. Maniatis noted that crew anxiety levels have reached unprecedented heights, with fewer ships transiting the waterway. 'Now, regardless of what we promise them, they refuse to go through the strait. This is no longer about money or any higher mission. It is pure fear driving decision-making,' Maniatis said.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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