CNBC·4 min read

Singapore ships attacked

L
Lee Ying Shan
Singapore ships attacked
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Commercial vessels are likely to continue navigating the perilous Strait of Hormuz despite the sinking of a Singapore-flagged container ship this week, as strong demand for Middle Eastern energy and lucrative shipping opportunities keep some operators willing to brave escalating attacks, maritime experts said.

The latest attacks on two Singapore-flagged container ships have heightened concerns over the safety of commercial shipping through one of the world's most important maritime chokepoints. But analysts say the incidents are unlikely to bring remaining shipping activity through the Strait to a halt, even as major container lines largely stay away.

Collin Koh, a senior fellow at Singapore's S. Rajaratnam School of International Studies, said shipping companies were likely to continue seeking opportunities to transit the strait despite heightened security threats.

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