E-Paper | July 14, 2026

Hormuz cargo fee would be 'fundamentally wrong', Hapag-Lloyd says

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Charging fees for passage through international waters “would be fundamentally wrong”, German shipping company Hapag-Lloyd said on Tuesday after US President Donald Trump said he would reinstate a naval blockade on Iran and charge 20 per cent on all cargo shipped through the Strait of Hormuz, Reuters reports.

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