Iran warns non-compliant ships risk fines and seizure when transiting Strait of Hormuz
Iran has issued a warning that vessels violating its arrangements for transiting the Strait of Hormuz could face restrictions, including fines, detention, or confiscation, the Persian Gulf Strait Authority wrote in a post on X/Twitter.
The warning heightens risks for the charterers and shipowners whose vessels transit through the Strait of Hormuz, a key waterway for the world's energy shipments.
The PGSA, a new body Iran has established with the aim of managing the strait, has said cargo owners should refer to an updated list of vessels deemed non-compliant for voyages relating to the Persian Gulf.
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