According to ME News, on June 7 (UTC+8), citing information from maritime safety operators, the current toll for a bulk carrier can reach up to $120,000 per transit, and for a tanker, up to $160,000, with rates varying based on vessel type, cargo, and the shipowner’s nationality—significantly lower than the initial wartime charges of $1 million to $2 million per vessel. (Xinhua) (Source: ODAILY)
Iran's Strait Passage Fees Drop Significantly
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Summary
Iran’s Strait passage fees have dropped sharply, with bulk carriers now paying up to $120,000 and tankers up to $160,000 per transit. This represents a significant decline from the $1–2 million charged at the start of the conflict. Rates vary based on ship type, cargo, and nationality. Traders monitoring altcoins may note this shift, as the Fear & Greed Index could respond to improved shipping conditions and reduced geopolitical risk.
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