Shipping executives are expressing caution over Project Freedom, the US operation starting Monday to guide trapped neutral ships through the Strait of Hormuz.
“It takes both sides to unblock — not just one,” said Bjørn Højgaard, CEO of ship manager Anglo-Eastern. “Either party can signal that they are willing to let certain ships through, but unless the other side accepts that in practice, it doesn’t materially change the reality on the water.”
“Announcements are one thing — safe and predictable passage is another.”
“The Chairman of Iran’s parliamentary National Security Commission has said such moves ‘will be…