COSCO Shipping Holdings (COSCO) says it has no immediate plans to resume transits through the Strait of Hormuz, noting limited financial fallout from the ongoing instability in the region.

Speaking at the company's results briefing, board secretary Xiao Junguang said the group's Middle East services represent a relatively small share of its global network, which means the disruption has had only a modest impact on revenue. He added that the company continues to monitor conditions closely and may adjust booking policies or sailing schedules as needed.

COSCO operates 308 international routes and calls at 654 ports worldwide and as of end-2025, the Chinese ocean carrier's container fleet comprised 590 vessels with a combined capacity of around 3.6 million TEUs.

COSCO halted new bookings for Middle East‑related routes on March 4 amid escalating security risks. The company later resumed container bookings from the Far East to destinations including the UAE, Saudi Arabia, Bahrain, Qatar, Kuwait, Iraq and Oman on March 25, but only via multimodal transport solutions rather than direct transits through the strait. 

Two Cosco-operated container vessels — the CSCL Indian Ocean and CSCL Arctic Ocean — exited the Gulf on March 30 after an earlier aborted attempt to pass through the strait. Vessel‑tracking data shows the ships made the crossing within minutes of each other, marking one of the few confirmed transits by a major carrier since the conflict in the Middle East began. 

Traffic through the Strait of Hormuz remains severely restricted, with overall vessel movements still far below pre‑conflict levels.

Analysts estimate that daily transits are down by roughly 95% compared with normal conditions, reflecting both heightened security risks and sharply higher insurance costs.