Greek shipping billionaire Evangelos Marinakis has said shipowners may be better off paying transit fees to use the Strait of Hormuz than continuing to bear the mounting costs of route disruptions and lengthy detours around Africa

Evangelos Marinakis, who owns over 150 vessels, said a toll could pay for 'damages' inflicted on Iran

Greek shipping billionaire Evangelos Marinakis has said shipowners may be better off paying transit fees to use the Strait of Hormuz than continuing to bear the mounting costs of…

Greek shipping billionaire Evangelos Marinakis has said shipowners may be better off paying transit fees to use the Strait of Hormuz than continuing to bear the mounting costs of…

Offering his perspective on how shipping must navigate the intersection of geopolitical risk and the energy transition, Capital Group Founder and Chairman

Paying a toll would be better than the strategic waterway remaining closed, says billionaire shipping owner Evangelos Marinakis.