Shipping

Islamic regime launches Persian Gulf Strait Authority, ships reportedly start paying tolls

Ships transiting the Strait of Hormuz now face tolls and strict Iranian oversight as Tehran launches the Persian Gulf Strait Authority, with JPMorgan forecasting 11‑figure annual revenue from tolls.

Vessels in the Strait of Hormuz near Bandar Abbas, Iran, May 4, 2026.
Hapag-Lloyd sign on a container ship at the Valparaiso port, Chile, January 11, 2024.

Shippers Hapag-Lloyd, CMA CGM suspend Cuba bookings after US executive order

Vessels in the Strait of Hormuz near Bandar Abbas, Iran, May 4, 2026.

CS Anthem chemical tanker was second US-flagged vessel to exit Strait of Hormuz

 DHL delivery trucks parked outside a delivery center on August 26, 2025 in Berlin, Germany

European freight firms benefit from war-driven supply chain disruption


Iran-linked ships drive traffic through Strait of Hormuz, ship tracking data shows

Despite a two-week ceasefire between Iran and the US, most vessels sailing through the Strait of Hormuz in the past day are linked to Iran, according to ship tracking data.

Cargo ships in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the US-Israeli conflict with Iran, in United Arab Emirates, March 11, 2026.

Hormuz at near standstill as Iran warns ships to keep to its waters

Mitsui O.S.K. Lines, one of Japan’s big three shipping firms, is among those caught up in the confusion as firms try to work out what impact the US-Iran two-week ceasefire is having.

A ship passes through the Strait of Hormuz.

Iran's IRGC navy issues map to guide ships around Hormuz mines, Iranian media say

The status of the Strait of Hormuz is unclear after Iranian media outlets released conflicting reports regarding whether or not oil tankers were being allowed to transit the waterway on Wednesday.

A bird flies near the Jag Vasant vessel transferring LPG at a port after transiting the Strait of Hormuz amid supply disruptions linked to the U.S-Israeli conflict with Iran, in Mumbai, India, April 1, 2026.

Heat, costs, shortages: US faces limits in deciding next actions in Iran - report

Iran could achieve USD 70-90 billion in annual revenue if the Islamic regime is allowed to charge a toll in the Strait of Hormuz, according to a J.P. Morgan paper.

An illustration of oil barrels, pipelines, and drills, over the backdrop of US and Iranian flags.

Deal with Iran can happen 'as soon as Monday,' Trump tells Fox News

This comes only hours after Trump threatened to strike Iran's power plants and bridges on Tuesday if it does not reopen the Strait of Hormuz immediately.

US President Donald Trump gestures as he boards Air Force One on March 1.

The war with Iran is a major setback to China’s Belt and Road Initiative - opinion

The strategic consequence of the war is the collapse of core BRI assumptions.

THIS MAP illustrates China’s ‘New Silk Road’ initiative

How many ships have been attacked in the Gulf since start of Iran war? - explainer

Iran's Revolutionary Guards have warned that ships passing through the narrow Strait will be targeted, after the US and Israel launched strikes on the country on February 28.

A ship passes through the Strait of Hormuz.

Iran pushes Houthis toward Red Sea attacks as Israel keeps restrictions unchanged

The Houthis' further actions could depend on whether or not the United States escalates its own strikes against the Iranian regime as a part of Operation Epic Fury.

A protester with a poster featuring a picture of late Iran's Supreme Leader Ayatollah Ali Khamenei on his head joins a demonstration with Houthi supporters in solidarity with Iran and Lebanon, amid the U.S.-Israeli conflict with Iran, in Sanaa, Yemen March 6, 2026.

Ferrari keeps Middle East clients rolling by flying in its priciest models

Chartered Boeing 747 freighters depart from Italy to Gulf states amid regional conflict, delivering high-end cars directly to private clients.

Ferrari Testarossa

IRGC tell ships passage through Strait of Hormuz 'not allowed'

Vessels in the Gulf reported receiving messages warning that no ships were allowed to pass the Strait of Hormuz, according to EU and UK agencies, though Iran has not confirmed any closure.

An Iranian military ship takes part in an annual drill in the coastal area of the Gulf of Oman and near the Strait of Hormuz, Iran, in this picture obtained on December 31, 2022