Iran has announced plans to introduce stricter regulations for vessels using the Strait of Hormuz, including the possibility of future insurance fees for ships transiting the strategic waterway.
The proposal was outlined by the Persian Gulf Strait Authority (PGSA) in newly released guidelines governing vessel movement through the strait.
Under the new rules, all ships must obtain official passage permits, submit transit requests through approved channels, and comply with navigation and communication requirements before entering the route.
The authority also stated that vessels must carry insurance policies approved by the PGSA.
While the Iranian government is currently covering the cost of the insurance, officials indicated that vessel owners could be required to pay insurance fees in the future.
“The PGSA reserves the right to introduce insurance fees in the future,” the authority stated.
The new framework further requires vessels to transit through designated corridors near Larak Island and coordinate schedules with Iranian authorities.
Officials warned that non-compliance could lead to penalties, permit revocations, or other legal actions.
The announcement comes amid heightened tensions in the region following Iran’s decision to reimpose restrictions on the Strait of Hormuz, one of the world’s most important shipping routes for oil and gas exports.
Observers say the new measures could have significant implications for global shipping and energy markets if fully implemented.
Source: Persian Gulf Strait Authority (PGSA)
