Hapag-Lloyd opposes US plan to charge fees for Hormuz passage

President Trump announced a plan to impose a 20 percent fee on cargo traversing the Strait of Hormuz. However, his own administration maintains that such charges violate international law. Hapag-Lloyd has expressed opposition to this proposal, signaling potential commercial pushback against these U.S. policies. This disagreement highlights growing geopolitical tensions and shifting market dynamics as the shipping industry reacts to the prospect of new tolls within this critical global waterway.