28
Jul 26

UK Chamber of Shipping Raises Concerns Over Potential Strait of Hormuz Transit Tolls

The UK Chamber has written to the UK Government to express serious concerns about reported proposals to impose tolls or transit charges on commercial vessels passing through the Strait of Hormuz.

In engagement with the new UK Government, we have urged Ministers to continue working closely with industry and international partners to support freedom of navigation, uphold international law and help ensure that commercial shipping can continue to operate safely through one of the world's most important maritime chokepoints.

A UK Chamber Spokesperson said: 

The ability of ships to navigate international waterways safely, predictably and without unnecessary impediment is a fundamental principle that underpins global trade and the world economy.

There is no legal basis under international law for imposing tolls or charges simply for exercising that right of passage, and the prospect of charges for passage through the Strait of Hormuz is a serious concern for the shipping community.

Alongside the immediate implications for global trade and energy markets, it would undermine this principle and present an unnecessary and challenging precedent.

Our paramount concern remains the safety and welfare of seafarers operating in the region. At a time of heightened tension, the focus should continue to be on reducing risks to those at sea and restoring conditions that allow commercial shipping to operate safely and securely.

The engagement forms part of collective industry efforts led by the International Chamber of Shipping (ICS) and international partners to highlight the implications such measures could have for global trade, energy security and the long-standing international legal principles that underpin freedom of navigation.

The Chamber will continue to engage with Government, the International Chamber of Shipping and other international stakeholders as discussions develop.