Proposed Hormuz passage deal not feasible for shipping industry: Report
Middle East Eye
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Middle East Eye
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Four shipping industry sources told Reuters that a proposed deal between Iran and Oman granting Tehran control over vessels transiting the Strait of Hormuz faces significant practical obstacles due to US sanctions and restrictive insurance provisions. Leading global shipping associations warned that imposing compulsory transit fees would violate internationally recognized legal frameworks governing straits.
A proposed deal between Iran and Oman that would give Tehran control over ships entering the Gulf through the Strait of Hormuz is not easily workable due to US sanctions and restrictive insurance clauses on any payments, four industry sources told Reuters.
Under the latest proposal, Tehran would be able to intervene if necessary with any inbound traffic, while outbound traffic would follow a route between Iran and Oman, with exit clearance granted through Oman after notifying Iran, a senior Iranian source told Reuters this week.
Introducing compulsory charges through the strait for transit or service fees was "a toll in all but name", the world's leading shipping associations said in an open letter, which was sent to the UN's shipping agency.
"It would establish a precedent that could undermine the internationally recognised legal framework governing straits used for international navigation and transit passage."
What is known as a two-way traffic separation scheme was adopted by the UN's shipping agency in 1968 with the agreement of countries in the region. It created the current ship routing system that split sailing corridors through Iranian and Omani waters.
Report by Reuters.
Under the latest proposal, Tehran would be able to intervene if necessary with any inbound traffic, while outbound traffic would follow a route between Iran and Oman, with exit clearance granted through Oman after notifying Iran, a senior Iranian source told Reuters this week.
Introducing compulsory charges through the strait for transit or service fees was "a toll in all but name", the world's leading shipping associations said in an open letter, which was sent to the UN's shipping agency.
"It would establish a precedent that could undermine the internationally recognised legal framework governing straits used for international navigation and transit passage."
What is known as a two-way traffic separation scheme was adopted by the UN's shipping agency in 1968 with the agreement of countries in the region. It created the current ship routing system that split sailing corridors through Iranian and Omani waters.
Report by Reuters.
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Tags:#إيران#عمّان#مضيق هرمز#الشحن البحري#العقوبات الأمريكية#التجارة البحرية
Source: Middle East Eye
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