Published Aug 5, 2026, 10:16 AM ET · Updated 3 months ago · 1 source

Shipowners Say Hormuz Tolls Would Lead to More Charges Elsewhere

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Original Report

Eight of the world’s largest shipping industry associations urged the United Nations and International Maritime Organization to oppose any compulsory tolls or transit charges in the Strait of Hormuz, warning that such a move could set a precedent for similar fees at other key maritime choke points.