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Project Freedom Paused: 1,600 Ships Still Stranded in Strait of Hormuz as Peace Talks Continue

Project Freedom Paused: 1,600 Ships Still Stranded in Strait of Hormuz as Peace Talks Continue

For tens of thousands of seafarers on the 1,600 ships currently anchored in the Strait of Hormuz, the military operation known as Project Freedom has provided more questions than answers. President Donald Trump's initiative to guide merchant vessels through the world's most critical maritime chokepoint lasted just 48 hours before being placed on a temporary hold Wednesday.

While the administration touts the pause as a sign of diplomatic success, the reality on the water remains precarious. Only two ships were successfully guided through the 21-mile waterway during the brief mission. For the remaining hundreds of vessels, the risks of transit still outweigh the benefits of an escorted departure.

A Crisis of Confidence in the Shipping Community

Shipping companies and stranded crews are once again left without a verified safe route out of the region. Despite a fragile ceasefire, missiles continue to be reported over the waterway, and the commercial shipping community remains deeply skeptical. Gene Seroka, the executive director of the Port of Los Angeles, noted that nothing short of a true peace accord will gain the confidence of the commercial shipping community.

Seroka, who has years of experience in Middle Eastern shipping logistics, stated that he has not yet spoken to a single executive willing to move their cargo and personnel, even alongside the U.S. military. In normal circumstances, roughly 120 ships pass through the Strait daily, carrying 20 percent of the global oil supply. Today, that flow remains at a near standstill.

The Insurance and Financial Standoff

Beyond the physical danger, a massive financial hurdle prevents ships from moving. Most maritime insurance contracts contain wartime clauses that do not require coverage for vessels stuck in active combat zones. Moving a ship without these financial protections is a risk that most global carriers are unwilling to take.

The Trump administration reportedly reached out to multiple shipping lines to offer the services of Project Freedom, but few accepted the offer. Maersk confirmed that its vessel, the Alliance Fairfax, was one of the two ships guided out on Monday after being unable to depart the Persian Gulf since the war began in February. Hapag-Lloyd also expressed interest in the program before the pause was announced, citing the continued risk of attacks on container vessels in the area.

Ongoing Risks and Death Toll

The human cost of the conflict is mounting. Since the war began, the International Maritime Organization has tracked missile strikes on 32 ships, resulting in 10 deaths and at least a dozen injuries. The organization continues to warn that naval escorts are not a sustainable long-term solution for the industry and urges maximum caution for all vessels in the Gulf.

As the United States and Iran move closer to a potential agreement, the Trump administration has cautioned that previous negotiations have collapsed at the last minute. Adding to the complexity, Iran has announced the creation of the Persian Gulf Strait Authority to regulate the waterway and collect tolls, a move the United States has denounced, stating that Iran lacks the legal authority to control the passage.

For the crews of the 1,600 ships currently in limbo, the path home remains tied to the success of high-stakes diplomacy in Washington. Until a durable and verified peace is established, the Strait of Hormuz remains a graveyard for global trade.

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By: CNN Newsource

May 6, 2026

Project Freedom pause May 20261600 ships stuck HormuzTrump Iran peace deal progressGene Seroka Port of LAMaersk Alliance FairfaxHapagLloyd Hormuz shipsPersian Gulf Strait AuthorityIran war shipping insuranceseafarers stranded 2026
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Project Freedom Paused: 1,600 Ships Still Stranded in Strait of Hormuz as Peace Talks Continue