Asian Shipowners Association among groups to raise concerns on Hormuz tolls
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by Admin
Eight shipping organisations wrote an open letter to the United Nations (UN) and the International Maritime Organization (IMO) to raise concerns regarding the potential imposition of tolls or service fees in the Strait of Hormuz, warning that such a move would undermine international law and disrupt global trade.
In an open letter dated 3 August to UN Secretary-General António Guterres and IMO Secretary-General Arsenio Dominguez, the organisations said the safety of seafarers and the principle of freedom of navigation must remain paramount amid ongoing uncertainty surrounding the strategic waterway.
The signatories comprise the Asian Shipowners’ Association (ASA), BIMCO, Cruise Lines International Association (CLIA), European Shipowners (ECSA), International Chamber of Shipping (ICS), INTERCARGO, INTERTANKO and the World Shipping Council (WSC).
“Introducing compulsory charges for transit, or service fees that are a toll in all but name, through the Strait of Hormuz would represent a significant departure from established international practice,” the groups said in the letter.
“Beyond the immediate financial implications for global trade, it would establish a precedent that could undermine the internationally recognised legal framework governing straits used for international navigation and transit passage.”
“Once such a precedent is established, it becomes increasingly difficult to resist similar measures elsewhere, creating uncertainty for international shipping and global commerce.”
The groups also said any additional costs imposed on maritime transport inevitably flow through international supply chains.
“These consequences extend beyond shipping costs, contributing to higher energy prices, higher inflation, and higher economic uncertainty,” they added.
“Ultimately, these impacts will carry a human cost, affecting livelihoods around the world. It is vital that we continue supporting the preservation of freedom of navigation as the foundation of international maritime governance.”
Photo credit: william william on Unsplash
Published: 6 August, 2026
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