Eight shipping groups have written to the UN and IMO warning that Hormuz transit tolls would violate international law, set a global precedent, and inflate energy costs through supply chains already strained by restricted passage. #StraitOfHormuz #IMO #BIMCO #shipping #maritime #energy #freightrates
Eight Shipping Groups Warn Hormuz Toll Would Rewrite Maritime Law and Inflate Global Energy Costs
Eight shipping groups have written to the UN and IMO warning that Hormuz transit tolls would violate international law, set a global precedent, and inflate energy costs through supply chains already strained by restricted passage. #StraitOfHormuz #IMO #BIMCO #shipping #maritime #energy #freightrates
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