Unlike man-made canals such as the Suez and Panama, which are sovereign infrastructure and levy substantial transit tolls, most natural international waterways – including the Strait of Hormuz, Strait of Malacca, Taiwan Strait, Strait of Gibraltar and Cape of Good Hope—generally do not charge transit fees.
Related Posts
At $4 billion, Jio IPO set to be India’s biggest ever
Jio Platforms, Reliance Industries’ digital arm, is set to launch India’s largest-ever IPO, aiming to raise up to $4 billion.…
‘I am not taking it for granted’: Sooryavanshi after breaking Sachin’s record
Vaibhav Sooryavanshi achieved a record-breaking international half-century against Zimbabwe. This significant innings provided much-needed confidence for the young player. He…
‘No safe harbour if law violated’: Govt’s message to Meta on content moderation
India has warned Meta that safe-harbour protection is not guaranteed if laws are violated. Discussions focused on content moderation and…