EMEA > Europe > Hormuz closure costing shipping €340 mln per day, sector must accelerate decarbonisation -report

Hormuz closure costing shipping €340 mln per day, sector must accelerate decarbonisation -report

Published 16:30 on March 27, 2026 / Last updated at 16:30 on March 27, 2026 / / EMEA (Europe, Middle East), International (Shipping)

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The Hormuz Strait crisis is costing the maritime industry €340 million a day - highlighting the industry's vulnerability to oil and gas price volatility, according to a new report.
The Hormuz Strait crisis is costing the maritime industry €340 million a day - highlighting the industry's vulnerability to oil and gas price volatility, according to a new report.


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