Prominent Greek shipping mogul willing to pay Iranian transit toll in Hormuz

Middle East Eye · June 2, 2026 Sanctions

Prominent Greek shipping mogul willing to pay Iranian transit toll in Hormuz Submitted by Sean Mathews on Tue, 06/02/2026 - 17:14 Evangelos Marinakis, who owns over 150 vessels, said a toll could pay for 'damages' inflicted on Iran Nottingham Forest's Greek co-owner Evangelos Marinakis watches the English Premier League football match between Nottingham Forest and Manchester United at The City Ground in Nottingham, central England, on 1 April 2025 (Paul Ellis/AFP) Off Greek shipping mogul Evangelos Marinakis has said he is prepared to pay Iran a transit fee in order to keep the Strait of Hormuz open and that the fee would help compensate Iran for “damage” inflicted by the US-Israeli war on the Islamic Republic. “For me, it is better to pay a fee of $100,000 or $200,000, depending on the size of the cargo or the size of the vessel, than to have all this hassle,” Marinakis said at a forum hosted by TradeWinds News at a Posidonia shipping event in Athens on Tuesday. Marinakis, who owns over 150 vessels - including oil tankers, LNG carriers and bulk carriers - said that the money extracted from a toll “can pay for all the damage of what has happened so far”.

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