MOL and CMB.Tech executives say safe passage through the Strait of Hormuz is required before shipping traffic can resume. The Strait handles about 130 vessels a day and 20% of the world's daily oil and LNG supply, making any delay a significant risk to global energy flows. Since the U.S.-Iran war broke out on February 28, the Strait has been at a virtual standstill, disrupting energy supplies from the Gulf. Iran's Islamic Revolutionary Guard Corps has warned of mines around the strait, adding to the uncertainty. MOL is one of the world's largest shipping companies and the top owner of oil and LNG tankers, while CMB.Tech operates a diversified fleet of more than 250 ships. Both companies emphasize that safe and sustainable passage is essential. Tamura, chief executive of MOL , said the ceasefire had not translated into safety and passage for vessels. Saverys, CEO of CMB.Tech , noted that the uncertainty is creating a lot of risk and that they need reassurance that ships can pass safely. MOL would pay toll fees to Iran only if requested, but its position is to follow international law and maintain freedom of passage. CMB.Tech will investigate any future toll changes if they arise. Both executives highlighted that the situation remains unsafe and that shipping traffic will only resume once the strait is deemed safe and sustainable. Tamura added that the definition of an open strait is still unclear, while Saverys stressed the need for confidence that vessels can navigate without issues. The companies are in communication with governments to ensure safe navigation.