Maritime traffic through the Strait of Hormuz plunged by almost 60% at the start of the week, underscoring how a mix of electronic warfare, political brinkmanship and spiralling insurance costs is reshaping the Persian Gulf’s lifeline waterway. According to the U.K-based Joint Maritime Information Centre, only 91 vessels of more than 1,000 gross tonnes transited […] The post Traffic through Hormuz slumps as spoofing, insurance shocks rattle Gulf shipping appeared first on Container News .