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…