NEW DELHI: Iran has indicated it may introduce insurance-linked charges for ships transiting the Strait of Hormuz, a move that has heightened concerns in the global shipping industry that Tehran is seeking to establish a new regulatory regime over one of the world's most critical maritime chokepoints, according to a report by the Financial Times.

Iran to charge ships crossing the Strait of Hormuz after a 60-day fee-free period, raising questions over new transit costs on a key global oil and gas route.

Tehran says fees to cover cost of managing waterway will come into effect at end of 60-day negotiation period

Iran is considering charging a mandatory insurance fee to ships crossing through the Strait of Hormuz in the future. As part of the memorandum o...

This development raises concerns for the shipping sector about safe navigation. Iran's new requirements and possible insurance charges could undermine international maritime…