Strait of Hormuz Transit Fees Waived for 60-Day Period, PGSA Confirms

The Persian Gulf Strait Authority (PGSA) confirmed Friday that vessels transiting the Strait of Hormuz will not be charged fees, though the waiver is strictly limited to an announced 60-day period.

The temporary financial relief follows the signing of the Islamabad Memorandum of Understanding and subsequent instructions from relevant authorities.

Fees After 60 Days?

During this designated 60-day window, the Government of the Islamic Republic of Iran will also provide related insurance coverage for transiting vessels.

The suspension of service fees applies strictly to the specified timeframe, after which standard regulations are expected to resume.

Pre-Transit Mandates

To avoid operational delays at the strategic waterway's entrance or exit, the authority has instituted mandatory pre-transit requirements.

Vessels must submit a formal transit request through official channels at least 48 hours prior to arriving in the strait area.

The application must include all required information, specifically vessel contact details and the exact route.

Safety Coordination Protocols

The PGSA cited special conditions and certain safety risks along the transit route as the basis for tightened oversight.

To ensure safe navigation and prevent maritime incidents, every vessel is required to coordinate its route and transit timing before entering the area.

The authority noted that failure to comply with these coordination and filing protocols remains the vessel owner's sole responsibility.