October 20, 2026

Economic and Financial Impact

Phil: Will Strait of Hormuz LNG traffic become de facto unimpeded by the end of 2026? Precious Shipping has received $10.98 million in war risk insurance payouts for the loss of the bulker Mayuree Naree from an attack in the Strait of Hormuz on 11 March that left three crew dead. The bulker was hit by two projectiles while exiting the Arabian Gulf resulting in a total constructive loss of the vessel. Source: Seatrade Maritime News, https://www.seatrade-maritime.com/dry-bulk/precious-shipping-receives-11m-hormuz-war-risk-payout
9 minutes read

Phil: Will Strait of Hormuz LNG traffic become de facto unimpeded by the end of 2026?

Phillip Godzin August 13, 2026 229
LNG traffic through the Strait of Hormuz remains severely restricted or effectively halted at roughly 13% of...
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