Tag: shipping industry news

Indonesia reassures no tolls for ships in the malacca strait after global concern

Indonesia reassures no tolls for ships in the malacca strait after global concern

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Indonesia has officially clarified that it has no intention of charging tolls on vessels passing through the strategically vital Malacca Strait, calming concerns that arose earlier this week. Finance Minister Purbaya Yudhi Sadewa addressed the issue on Friday, reaffirming that the country will not impose any tariffs on ships navigating one of the world’s busiest […]

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Iran Opens Passage for 20 More Pakistani Ships Through Strait of Hormuz Amid Rising Diplomatic Efforts

Iran Opens Passage for 20 More Pakistani Ships Through Strait of Hormuz Amid Rising Diplomatic Efforts

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In a significant diplomatic development, Iran has agreed to allow 20 additional ships sailing under the Pakistani flag to pass through the strategically important Strait of Hormuz. The waterway has remained largely restricted for several weeks due to heightened tensions in the region, according to reports by Anadolu Ajansi. Pakistan’s Foreign Minister, Ishaq Dar, confirmed […]

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