Oman rejects transit fees on Strait of Hormuz ships National

Oman rejects transit fees on Strait of Hormuz ships

MUSCAT, JUNE 30 The Sultanate of Oman does not support imposing transit fees on ships passing through the Strait of Hormuz, but it left open the possibility of discussing charges linked to maritime services, Sayyid Badr bin Hamad al Busaidy, Foreign Minister, said. In an exclusive interview with Monte Carlo International Radio, Sayyid Badr said […]

Oman, IMO open temporary transit corridor in Strait of Hormuz for safe navigation National

Oman, IMO open temporary transit corridor in Strait of Hormuz for safe navigation

Muscat: In a move underscoring its longstanding commitment to maritime security and freedom of navigation, the Sultanate of Oman, in coordination with the International Maritime Organization (IMO), has announced the provision of a temporary maritime transit corridor in the strategic Strait of Hormuz. The initiative reflects Oman’s responsibilities toward one of the world’s most critical […]

Strait of Hormuz transit will take ‘weeks’ to resume Business

Strait of Hormuz transit will take ‘weeks’ to resume

Shipowners will not resume ​transit through the Strait ​of Hormuz for weeks until they are confident that the U.S.-Iran deal is “material”, the chief executive of Japan’s Mitsui O.S.K. Lines told the Financial Times in an interview published on Tuesday. The Iran war that began on February ⁠28 with U.S.-Israeli strikes largely stopped shipping through […]