transit fees
Coverage of transit fees in the Nexus archive.
- UN maritime agency opposes Hormuz transit fees after Trump demands protection money
The UN maritime agency opposes transit fees for the Hormuz strait following President Trump's demand for protection money. The security situation in Hormuz has deteriorated after Iran attacked multiple commercial ships transiting the strait.
- Oman Tells UN It’s Against Imposing Transit Fees in Hormuz
Oman informed the UN that it opposes imposing transit fees in the Hormuz Strait. The article references a cargo ship in the Gulf of Oman in June.
- Why oil investors fear the next toll fight could be the Strait of Malacca
Oil investors are concerned about potential tolls in the Strait of Malacca, mirroring fears over fees for transiting the Strait of Hormuz. The prospect of such charges has raised alarms about their replication in other maritime corridors.
- Iran’s China envoy vows ‘special’ Hormuz treatment for ‘friendly’ countries
Iran's China envoy has pledged a 'special' treatment for vessels of 'friendly' countries transiting the Strait of Hormuz, despite US objections. New fees will be charged to these vessels as part of the policy.
- Greek shipping tycoon Marinakis ready to pay Strait of Hormuz transit fees
Greek shipping tycoon Marinakis is prepared to pay transit fees for the Strait of Hormuz, stating that paying a toll is preferable to the strategic waterway remaining closed. He is also noted as a billionaire football club owner.