economy

Greek shipping tycoon Evangelos Marinakis ready to pay Strait of Hormuz transit fees

Paying a toll would be better than strategic waterway remaining closed, says billionaire football club owner

Greek shipping tycoon Evangelos Marinakis ready to pay Strait of Hormuz transit fees

TL;DR

  • Evangelos Marinakis, a billionaire and football club owner, believes paying tolls is preferable to a strategic waterway being closed.
  • The alternative to paying a toll is the waterway remaining closed, which he finds less desirable.