Event·Closure·High severity

Iran imposes mandatory PGSA permit and 'Hull War Voyage Insurance' for Hormuz transit

19 JUN 2026 · 0000Z

Iran's Persian Gulf Strait Authority introduced mandatory pre-registration, a PGSA passage permit, and PGSA-approved 'Hull War Voyage Insurance' as conditions for transiting the Strait of Hormuz. The insurance is free during a ~60-day window expiring around 17 Aug 2026; thereafter PGSA-only coverage — itself sanctioned — could make Western commercial transit categorically impossible without sanctions relief. Shipowners should verify any PGSA contact against their flag state and P&I club and must not pay cryptocurrency demands.