Iran to seek ‘insurance fees’ for passage through Strait of Hormuz
Vessels must hold Tehran-approved insurance policy to use vital waterway, says government agency
Vessels must hold Tehran-approved insurance policy to use vital waterway, says government agency Grouped from 6 articles across 4 sources.
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Vessels must hold Tehran-approved insurance policy to use vital waterway, says government agency
As US lifts its blockade, Tehran says fees to cover cost of managing waterway will come into effect at end of 60-day negotiation period Iran has announced plans to introduce a system of maritime fees in the strait of Hormuz in two months, after the 60-day period of negotiation that has been triggered by the signing of the memorandum of understanding. Tehran, claiming a historic victory over the US, said the strait was under its control and a European plan for a naval mission to escort ships though the strait would not be welcome. The US on Thursday lifted its blockade of Iran, and oil tankers began freely moving through the critical channel. Continue reading...
Shipping executives fear language will enable Tehran to introduce fees after 60 days or a fund similar to Strait of Malacca
Iran says it will charge a ‘payment for services’ in the Strait of Hormuz
Several countries welcome deal, as IAEA chief says 'now the technical work starts' on Iran's nuclear programme.
Following the tentative deal with the US, Iran is planning to reopen the Strait of Hormuz. The German Bundeswehr is planning to assist with the mine-clearing.
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Other tankers showed their positions sailing through the strait on public ship tracking on Thursday after weeks of ships concealing their voyages