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Trump’s Hormuz toll plan could backfire, global shipping industry warns — here’s why

For shipping giant Hapag-Lloyd, it is "fundamentally wrong" to charge tolls for passage through international waters, regardless of the country in charge.

Trump’s Hormuz toll plan could backfire, global shipping industry warns — here’s why

Published July 14, 2026 · Category: Finance

Overview

For shipping giant Hapag-Lloyd, it is "fundamentally wrong" to charge tolls for passage through international waters, regardless of the country in charge.

Source

Originally published at www.cnbc.com.

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