Overview
- Evangelos Marinakis told delegates at a shipping forum he would pay transit fees of about $100,000 to $200,000 per voyage to keep access through the Strait of Hormuz.
- His remark puts him at odds with Greece's government and other Greek owners who reject tolls and with major energy and shipping companies that publicly say they will not pay.
- Iran has created checkpoints and proposed a Persian Gulf Strait Authority to tighten control over passage and has sought Oman’s cooperation to enable收费 or alternative charges.
- Legal experts say the United Nations Convention on the Law of the Sea bars tolls in international straits but that Iran could try to impose charges through measures like piloting fees or fees for services.
- The split raises commercial and political risks because fewer transits, rerouting and higher insurance and freight costs are already squeezing oil, LNG and global trade flows.