GPS interference has caused more ships to be stranded waiting for passage, reducing the number of ships passing through the Strait of Hormuz by 20%. According to an assessment by the Maritime Information Cooperation and Awareness Center on June 20, 970 ships are affected by GPS interference every day.
The Strait of Hormuz is the only waterway connecting the Persian Gulf and the Indian Ocean, and is also a key channel for global oil and gas transportation. Frangu mentioned that the narrowest part of the strait is only 21 miles (about 33 kilometers), which is the main reason why GPS signal interference has a serious impact on ships.
Affected by this, the shipping costs of ships passing through the strait have risen sharply, and at the same time, insurance rates have been further pushed up due to the continued existence of security risks.