Mitsui O.S.K. vessels transit Hormuz without paying fees

Mitsui O.S.K. Lines confirmed three vessels transited the Strait of Hormuz without paying Iranian tolls. The firm cited international law for navigation.

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MITSUI OSK LINES LTD refused to pay transit fees for three vessels passing through the Strait of Hormuz in April. Japan-based MOL cited international law after Iran proposed tolls as part of proposals to end the war with Israel and the United States. Shippers paying these fees risk punitive sanctions from the United States Treasury.

Navigating International Law Amid Sanction Risks

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