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. 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.
Trending
- Indian man dies in skydiving accident in Massachusetts, fell from 30 feet above in ‘sudden, unexpected gust of wind’
- 1.44kg gold, 12kg silver: Raid on Hyderabad civic official uncovers Rs 9.24cr assets
- Who is Anil Menon, Indian-origin Nasa astronaut headed to ISS
- Why is IBM stock crashing today? Shares plunge over 25% – here’s what’s driving the fall
- Watch: Russia successfully launches Indian-origin Nasa astronaut Anil Menon to space
- Meet Mira Trivedi, Indian-origin student in New Jersey who’s pushing her school to not call Hitler’s symbol ‘swastika’
- Meta layoffs: 26 ex-employees sue, allege medical info was used to target them
- Govt releases first services production index; 14 sub-sectors post double-digit growth