Iran's Persian Gulf a monitored channel announced it will not collect transit fees from vessels passing through the Strait of Hormuz for the next 60 days, in a move that appears to align with the US-Iran framework deal. The announcement, reported by N12, follows the MOU that established pre-clearance procedures last week.
The Persian Gulf Channel Authority, Iran's regulator for the Strait of Hormuz, announced Friday that no transit tolls will be collected from vessels for 60 days, according to N12. The 60-day grace period follows last week's announcement of pre-clearance procedures requiring 48-hour advance applications.
As The Zioneer reported on June 15, a senior US official told Fox News that the emerging framework deal with Iran required Tehran to reopen the strait without collecting tolls. Iran's Foreign Ministry spokesman earlier acknowledged charging fees under different labels — navigation, insurance, and environmental protection — even while denying the existence of a toll.
Today's announcement effectively implements the no-toll provision called for in the framework, though the Authority did not explicitly state that fees are permanently waived. The 60-day window may serve as a testing period for the new transit regime jointly managed by Iran and Oman.
2 developments
- StrongIran tightens Strait of Hormuz clearance rules, requires 48-hour advance notice
- ConfirmedNew Iranian body declares Strait of Hormuz closed until further notice
- StrongIranian Foreign Ministry spokesman: vessels to pay 'navigation, insurance, environmental' fees in Hormuz
- StrongIranian chief of staff claims full control of Strait of Hormuz, threatens shipping
Source and signal
- Internal intake