Iran Plans 60-Day Free Passage in Hormuz, Then Fees
Iran will waive passage fees for 60 days while requiring ships to file transit requests 48 hours ahead because mine risks remain in the strait.
- Iran reiterated plans to impose tolls in the Strait of Hormuz after the 60-day ceasefire period expires, challenging a preliminary deal offering "safe passage" and "free of charge" transit.
- The preliminary deal aims to pause conflict for 60 days, though President Donald Trump maintains that international law prohibits Iran from subjecting ships to tolls.
- Maersk Chief Executive Officer Vincent Clerc criticized the potential fees, stating that allowing Iran to charge for passage would "create, in my book, a very dangerous precedent" for global maritime trade.
- Diverting ships to avoid sea mines, Maersk has utilized land routes through Saudi Arabia to deliver goods, though these alternatives cost the shipping company about US$1,000 extra per container.
- While maritime analysis firm Windward reported 24 vessels transited the Strait of Hormuz on June 16, traffic remains far below the pre-war average of 130 ships daily as companies weigh global route security.
63 Articles
63 Articles
Iran waives Strait of Hormuz fees during 60-day peace negotiation period
Iran’s Strait of Hormuz body said on Friday it would waive planned fees to use the strait during a 60-day negotiation period under the memorandum of understanding signed with the United States this week. Ships seeking passage through the strait while the interim agreement was in force must submit transit requests at least 48 hours before arrival, Iran’s Persian Gulf Strait Authority said in a notice. Iran will waive fees for securit…
Iran to waive Strait of Hormuz fees during 60-day negotiations
Iran to waive Strait of Hormuz fees during 60-day negotiations Iran's Strait of Hormuz authority said on Friday it would waive planned fees to use the waterway during the 60-day negotiation period under the memorandum of understanding signed with the United States this week. Ships seeking passage through the strait while the interim agreement is in force must submit transit requests at least 48 hours before arrival, the Persian Gulf Strait Auth…
New Iranian authority charged with overseeing Strait of Hormuz asks ships to register with it even as transits are free
New Iranian authority charged with overseeing Strait of Hormuz asks ships to register with it even as transits are free.

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