The shipping industry "cautiously welcomes" the reopening of the Strait of Hormuz.

Iran's Foreign Minister Zarif announced on the 17th that the Strait of Hormuz will be temporarily reopened under certain conditions. The shipping industry cautiously welcomed this news, hoping to end the dilemma of many ships being stranded in the Persian Gulf, but also expressed concerns about various uncertain factors threatening the safety of navigation. Nils Hoppe, a spokesperson for the German shipping giant Hapag-Lloyd, said that the reopening of the strait is "overall good news," but ship owners need to know which routes their vessels can take and in what order they can pass through, and they are also concerned about the presence of mines. Belgian shipping analysis firm Kepler believes that while the market has responded with "cautious optimism" to the reopening of the strait, the situation remains "tense," and the full recovery of trade and confidence will take several months. International Chamber of Shipping Secretary-General Thomas Kazakos said that the reopening of the Strait of Hormuz is a "positive step" for shipping companies and the many stranded sailors, providing a "cautious reassurance." However, there are still many uncertain factors at the implementation level. The Norwegian Shipowners' Association welcomed the reopening of the Strait of Hormuz while expressing concerns about the threat of mines and specific implementation issues. Danish shipping company Maersk Line stated that they are closely monitoring the situation.