The Iranian Parliament, through the Security Committee, approved new rules for the Strait of Hormuz, which stipulate the imposition of a fine equivalent to 20% of the value of the ship's cargo in case of unauthorized passage.

The Iranian Parliament, through the Security Committee, approved new rules for the Strait of Hormuz, which stipulate the imposition of a fine equivalent to 20% of the value of the ship's cargo in case of unauthorized passage.

Vessels may face temporary confiscation until the fine is paid. The judicial authority will establish special branches in maritime law to supervise the implementation of these rules.

Source: Fars

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