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

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”. Marinakis also owns the football clubs Nottingham Forest and Olympiacos.  Marinakis' comments put him at odds with the Trump administration and the government of Greece. Prime Minister Kyriakos Mitsotakis told The Financial Times in May that Iran should not impose a toll in the waterway. Greek families dominate global shipping and Greek vessel owners control about 20 percent of the world’s fleets. Another Greek shipping tycoon, George Procopiou, said this week at the Posidonia Forum that Greek sailors have a tradi...

Original source: Middle East Eye