finance
Greek Shipowner Says Ready to Pay Fees for Strait of Hormuz Transit
Greek shipping executive Evangelos Marinakis stated he would accept fees to keep the Strait of Hormuz open. The remarks address potential costs versus the risk of closure.
Jun 2, 3:52 PM·1m read2 sources
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Greek shipping executive Evangelos Marinakis said he would accept fees to transit the Strait of Hormuz rather than see the waterway closed. “Even if we had to pay a fee, for me [it would] be much better than to have the straits closed,” Marinakis stated on Tuesday. Marinakis is identified as one of Greece’s largest shipowners.
The comments focus on commercial shipping costs and route reliability.
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