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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.
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