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The relevant associations 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).
The letter emphasizes that implementing tariffs might result in increased expenses for consumers and threaten the ideals of free navigation. The associations cautioned that setting such a precedent would make it harder to oppose comparable actions in other regions, leading to uncertainty for global trade and international shipping.
On August 3, Iranian media stated that Tehran plans to impose fees for various maritime services offered in collaboration with Oman in the Strait of Hormuz when the waterway is reopened. According to CNN, this would mark a major shift from the situation before the war, when no country managed shipping through the strait.
source: cnn.com
The letter emphasizes that implementing tariffs might result in increased expenses for consumers and threaten the ideals of free navigation. The associations cautioned that setting such a precedent would make it harder to oppose comparable actions in other regions, leading to uncertainty for global trade and international shipping.
On August 3, Iranian media stated that Tehran plans to impose fees for various maritime services offered in collaboration with Oman in the Strait of Hormuz when the waterway is reopened. According to CNN, this would mark a major shift from the situation before the war, when no country managed shipping through the strait.
source: cnn.com
