Hormuz shipping traffic remains 70% below pre-war levels, UKMTO says

Hormuz shipping traffic remains 70% below pre-war levels, UKMTO says Shipping through the Strait of Hormuz remains 70 percent below pre-conflict levels, with vessels continuing to face attacks, navigation interference and security risks across the Gulf, according to a weekly assessment by the UK Maritime Trade Operations (UKMTO). A total of 277 vessel transits were recorded in the strait during the seven days to October 28, comprising 155 inbound and 122 outbound movements. The combined figure, which includes automatic identification system (AIS) observations and US-reported facilitated…