Shipping firms await proof of safety before returning to Hormuz

Shipping firms await proof of safety before returning to Hormuz Shipping companies are waiting for evidence that the agreement between the United States and Iran will hold before resuming operations through the Strait of Hormuz, Al Jazeera Arabic reported. The Financial Times quoted the chief executive of CMB Tech, one of the world's largest publicly listed shipping companies, as saying that the company would not send vessels through the waterway until it was "100% convinced" that conditions were safe. Insurance br