Category: MARITIME SECURITY
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The Strait of Hormuz Shipping Paradox. How “Safe” Corridors Increase Risk for Tankers and Masters
Masters navigating the Strait of Hormuz today face a paradox often raised in audits and discussions, compliance itself can create risk. Since late 2023, BIMCO together with ICS, INTERCARGO, INTERTANKO, OCIMF and others introduced voluntary transit corridors through the Persian Gulf and Strait of Hormuz, explicitly noting that these “may…
The Deep Draft 