News Shipping leaders urge governments to restore freedom of navigation amid Strait of Hormuz rerouting costs by Daniel Perez - News Editor April 22, 2026 by Daniel Perez - News Editor April 22, 2026 Vessels are being forced to reroute around the Cape of Good Hope due to security concerns in the Strait of Hormuz, adding weeks to transit times and increasing fuel costs, … 0 FacebookTwitterPinterestEmail