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News Wire / economy

Singapore And Indonesia Impose Hormuz Transit Fees

developing Al Jazeera Arabic Voice Strait of Hormuz 57d57d Impact 8
Singapore and Indonesia have announced the imposition of fees on vessels transiting the Strait of Hormuz. The move follows warnings from foreign ministries to ambassadors regarding the regional crisis.

Topics

Strait of Hormuz shipping fees maritime security

Developing

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Sources · 7 independent

Al Jazeera Arabic Voice

“Singapore and Indonesia have imposed fees on ships passing through the Strait of Hormuz. The countries involved have also announced the enhancement of their security measures in it and the deployment of joint and individual military patrols.”

Al Jazeera Arabic Voice

“the cost of transiting the Strait of Hormuz is becoming very high, as Indonesia and Singapore increase the time and cost involved.”

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