Japanese shipping company Mitsui O.S.K. Lines Ltd announced that none of its three affiliated vessels carrying liquefied gas paid tolls when transiting the Strait of Hormuz in April [1]. The three ships, consisting of one liquefied natural gas carrier and two liquefied petroleum gas carriers, passed through the strait in early April without making toll payments [1]. Iran is believed to be seeking tolls from vessels passing through this strategic waterway, which has faced effective closure since the escalation of conflict involving the United States and Israel in late February [1].
A Mitsui O.S.K. official declined to comment on the specific reasons for the ships' passage but emphasized that "freedom of navigation should be guaranteed based on international law and international rules" [1]. The company stated it does not intend to pay tolls for future transits through the Strait of Hormuz [1]. Mitsui O.S.K. also noted that several of its affiliated vessels remain stranded in the Persian Gulf and that decisions regarding passage are ultimately left to ship owners [1]. The company is working with relevant authorities to ensure the safe passage of its vessels [1].
Additionally, a tanker operated by a subsidiary of Japanese oil refiner Idemitsu Kosan Co also transited the strait in late April without paying a toll, according to a government source [1].
The situation highlights ongoing operational challenges for shipping companies in the region, with potential implications for energy transport and maritime security. No specific market reactions or analyst opinions were provided in the article [1].
CONCLUSION
Mitsui O.S.K. Lines and other Japanese shipping interests have refrained from paying Iranian tolls for passage through the Strait of Hormuz, citing international law and navigation rights. The company is coordinating with authorities to ensure vessel safety amid ongoing regional tensions. The lack of toll payments and stranded vessels underscore persistent risks for maritime operations in the area.