Since the breakdown of the U.S.-Iran memorandum of understanding, ship crews around the Strait of Hormuz are unwilling to make the risky trip, Dimitris Maniatis, CEO of the Greek maritime risk management company Marisks, said Thursday.
“Vessels that were trapped inside the Persian Gulf for a very long time, belonging to owners that were extremely risk averse, managed to exit, and everybody was very joyful about that,” he said during a briefing for the Lloyd’s List intelligence group.
“With the recent events, everything has changed. We’ve gone back to the worst case scenario. Nobody is willing to move.”
