Shipping Fees News

The Yemeni government reports that Houthis are planning to impose fees for transit through the Red Sea, a crucial maritime route for Saudi crude oil exports.

Yemen's Houthi faction is reportedly considering levying fees on ships transiting the southern Red Sea, with Chinese vessels potentially exempt. This proposal,

Iran and Oman have exchanged proposals for managing the Strait of Hormuz, with Oman's suggestion based on the Strait of Malacca model, which involves voluntary

President Trump announced that the U.S. will charge a 20% fee for ships using the Strait of Hormuz, stating that Washington will act as the waterway's 'guardian

Donald Trump's plan to charge ships for using the Strait of Hormuz would mark a significant departure from the US's previous stance on free passage through the

Oman has informed its European allies that ships passing through the Strait of Hormuz may be subject to new fees. Concerns are growing among the US, Europe, and