Summary
China’s largest shipping company, COSCO, is resuming deliveries to the Persian Gulf after halting them in March due to regional tensions. This decision comes amid ongoing ceasefire talks between the United States and Iran, even as military activities in the region continue.
Key Facts
- COSCO is resuming deliveries to the Persian Gulf for the first time since early March 2026.
- The company is taking bookings to ports in the UAE, Saudi Arabia, Bahrain, Qatar, Kuwait, and Iraq.
- Vessel traffic in the Gulf decreased by over 90% after Iran closed the Strait of Hormuz in response to a bombing campaign.
- President Donald Trump stated that the U.S. and Iran are engaged in ceasefire talks.
- The U.S. is increasing military presence in the region with more naval groups arriving.
- Iran allows “non-hostile” vessels to pass the Strait of Hormuz via direct negotiations.
- Only six ships used the Strait of Hormuz recently, compared to a prewar average of 138 daily crossings.
- Over 20 civilian ships have been attacked by Iranian forces during the conflict.
