Despite the mutual indication of acceptance for a ceasefire by both Israel and Iran, the Strait of Hormuz continues to grapple with the issue of GPS interference, causing considerable distress among shipowners and vessels transiting the waterway. Angeliki Frangou, the Chair and CEO of the international shipping giant Navios Maritime Partners, has sounded the alarm regarding the ongoing threat of GPS signal blockages to ships in the Strait of Hormuz. This situation has led to an increase in vessels waiting outside the strait. Navios Maritime Partners is a prominent international owner and operator of dry bulk vessels and tankers.