Iran warns vessels violating Hormuz transit rules of fines, detention
XLE•Risks for shipowners and cargo operators
The warning heightens risks for the charterers and shipowners whose vessels transit through the Strait of Hormuz, a key waterway for the world's energy shipments.
The PGSA, a new body Iran has established with the aim of managing the strait, has said cargo owners should refer to an updated list of vessels deemed non-compliant for voyages relating to the Persian Gulf.
Iran warns of penalties for non-compliant vessels
Aug. 24 (Reuters) - Iran has issued a warning that vessels violating its arrangements for transiting the Strait of Hormuz could face restrictions, including fines, detention, or confiscation, the Persian Gulf Strait Authority wrote in a post on X.
Restrictions on ship-to-ship transfers and removal requests
Vessels engaging in operations including ship-to-ship transfers or transshipment with non-compliant vessels will also be added to the restricted list, it said.
Ships seeking the removal of their names from the non-compliant vessels' list must submit a request with relevant explanations to Iran's maritime authorities, the post said.
