Hormuz cargo fee would be 'fundamentally wrong', Hapag-Lloyd says
14/07/2026 09:12
Hormuz cargo fee would be 'fundamentally wrong', Hapag-Lloyd says July 14 (Reuters) - Charging fees for passage through international waters "would be fundamentally wrong", German shipping company Hapag-Lloyd HLAG.DE said on Tuesday after U.S. President Donald Trump said he would reinstate a naval blockade on Iran and charge 20% on all cargo shipped through the Strait of Hormuz.
The company told Reuters it could not reliably quantify the financial impact of tensions in the Gulf region on its business.
(Reporting by Elke Ahlswede, writing by Linda Pasquini; editing by Matthias Williams)
((linda.pasquini@thomsonreuters.com; +48 58 7785261;))
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