Strait Out of Order: The UN's Stance on Maritime Fees in the Wake of Trump's Hormuz Charge The International Maritime Organization (IMO) has long been a champion of the freedom of navigation, and its recent statement opposing fees for ships passing through maritime waterways is a timely reminder of this principle's importance.
This stance takes on added significance following US President Donald Trump's announcement that his administration plans to charge 20% on all cargo shipped through the Strait of Hormuz.
The global shipping industry has faced increasing pressure from nationalistic and protectionist policies in recent years.