HFW Briefing: The Strait of Hormuz: how can you manage the risks?
On 20 June 2019 the US narrowly pulled back from retaliatory military strikes on Iranian targets.
This was a move planned in response to Iran’s targeting of a US drone allegedly operating in Iranian airspace.
These events follow a series of attacks on vessels in the Gulf of Oman area, most recently on the “Front Altair” and the “Kokuka Courageous”.
The security situation in the Gulf is rapidly evolving. Owners and charterers will want to keep the situation in the region under close review.