{"id":25068,"date":"2026-06-02T08:38:59","date_gmt":"2026-06-02T08:38:59","guid":{"rendered":"https:\/\/www.insurancejournal.com\/?p=872054"},"modified":"2026-06-02T08:38:59","modified_gmt":"2026-06-02T08:38:59","slug":"ship-operators-urge-clear-rules-to-return-hormuz-to-normal","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2026\/06\/02\/ship-operators-urge-clear-rules-to-return-hormuz-to-normal\/","title":{"rendered":"Ship Operators Urge Clear Rules to Return Hormuz to Normal"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.insurancejournal.com\/app\/uploads\/2026\/05\/oil-tankers-at-anchor-in-strait-of-hormuz-off-bandar-abbas-iran-AP-580x387.jpg\"><\/p>\n<div><img decoding=\"async\" src=\"https:\/\/www.insurancejournal.com\/app\/uploads\/2026\/05\/oil-tankers-at-anchor-in-strait-of-hormuz-off-bandar-abbas-iran-AP-scaled.jpg\" class=\"ff-og-image-inserted\"><\/div>\n<ul class=\"nav nav-tabs tabs tabs-entry\">\n<li class=\"active\"><a href=\"https:\/\/www.insurancejournal.com\/news\/international\/2026\/06\/02\/872054.htm\">Article<\/a><\/li>\n<li><a href=\"https:\/\/www.insurancejournal.com\/news\/international\/2026\/06\/02\/872054.htm?comments\" rel=\"nofollow\">0 Comments<\/a><\/li>\n<\/ul>\n<div class=\"article-content clearfix\">\n<div class=\"font-knowledge regular line-height-1-5 text-story color-black f6 pt16 pb20 border-bottom border-gray-22 story-copy\" dir=\"auto\" data-qa-component=\"item-story\" data-rc-highlight=\"story\">\n<p class=\"tr-story-p1\">Shipping executives meeting in Athens on Monday said that any peace deal worked out between the United States and Iran would need to offer clear rules allowing vessels to resume normal business via the Strait of Hormuz.<\/p>\n<p>Shipowners and maritime industry officials met at a Capital Link conference and other events to begin Posidonia, a week-long biennial shipping exhibition.<\/p>\n<div class=\"bzn bzn-sized bzn-intext\">\n<ins data-revive-zoneid=\"79\" data-revive-block=\"1\" data-revive-id=\"36eb7c2bd3daa932a43cc2a8ffbed3a9\"><\/ins> <\/div>\n<p>Below are selected quotes (in alphabetical order):<\/p>\n<p><strong>ARSENIO DOMINGUEZ, SECRETARY GENERAL, INTERNATIONAL MARITIME ORGANISATION (IMO)<\/strong><\/p>\n<p>\u201cThere have been \u2026 recent announcements that there\u2019s a possibility of a 60-day ceasefire. If that includes, of course, the Strait of Hormuz, and I can get guarantees from the countries that it is safe to start using the waterway, that\u2019s where the evacuation framework immediately will come and kick in. That\u2019s what we\u2019re looking for, because the first objective is always to seafarers, to engage, so they can actually leave the conflict zone.\u201d<\/p>\n<p><strong>PANKAJ KHANNA, PRESIDENT, HEIDMAR MARITIME HOLDINGS CORP<\/strong><\/p>\n<p>\u201cWhat we need is obviously a framework, a rules regulation, whatever tells us exactly how we can go in and get out. So even if a peace deal was signed, that needs to be clarified and that we don\u2019t know as yet.<\/p>\n<p>Khanna said the company had a vessel stuck inside the Gulf for the past three months and noted the impact on seafarers: \u201cObviously the seafarers on board are missing out, not only on seeing their families but also on births, on deaths, on marriages.\u201d<\/p>\n<div class=\"bzn bzn-sized bzn-intext-2\">\n<ins data-revive-zoneid=\"162\" data-revive-block=\"1\" data-revive-id=\"36eb7c2bd3daa932a43cc2a8ffbed3a9\"><\/ins> <\/div>\n<p><strong>VASILIS KIKILIAS, GREECE\u2019S SHIPPING MINISTER<\/strong><\/p>\n<p>\u201cCan somebody predict (an end to the conflict)? Unfortunately, no\u2026 Things get messy in terms of conflicts very, very easily, and they get untangled, (but that is) very, very difficult.<\/p>\n<p>\u201cWe are hoping, of course, that there will be a solution. We cannot accept that there will be no free (passage) for ships all over the globe. I wish that they would leave the shipping industry, the seafarers, and global trade out of the equation, but it seems like this is impossible.\u201d<\/p>\n<p><strong>EVANGELOS MARINAKIS, FOUNDER AND CHAIRMAN, CAPITAL MARITIME &amp; TRADING CORP<\/strong><\/p>\n<p>\u201cWe all agree that the war should stop, should finish yesterday even \u2026 the consumer pays the price all around the world.\u201d<\/p>\n<p>\u201cOn the other hand ..from what we have seen so far, we can afford to wait for two weeks more, one month more \u2026 if the final agreement was good for all of us\u2026 an agreement that would make us feel safe and confident for the future.<\/p>\n<p>\u201cI am quite optimistic that waiting for a couple of weeks or a month, a solution will be found.\u201d<\/p>\n<p><strong>GEORGE PROCOPIOU, FOUNDER, DYNACOM TANKERS MANAGEMENT, DYNAGAS AND SEA TRADERS<\/strong><\/p>\n<p>\u201cFreedom of navigation is essential and nobody can impose tolls or any other burden.\u201d<\/p>\n<p>\u201cGreece has the tradition of breaking blockades since antiquity.\u201d<\/p>\n<p><strong>YIANNIS PROCOPIOU, CEO, CENTROFIN MANAGEMENT<\/strong><\/p>\n<p>\u201cWhile insurance might be available, this does not mean that the strait is really a place where you want to be transiting, at least until we have clear rules of engagement as the shipping industry, as to how we deal with the two nations that are involved here, the U.S. and Iran \u2026That\u2019s, right now, a very high risk proposition.\u201d<\/p>\n<p class=\"tr-signoff\">(Reporting by Renee Maltezou and Jonathan Saul; editing by Jason Neely)<\/p>\n<p><em>Photograph: Oil tankers sit at anchor offshore in the Strait of Hormuz off Bandar Abbas, Iran, Saturday, May 2, 2026. 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