Iran says a Marshal Islands-flagged cargo vessel seized by Iranian forces in the Strait of Hormuz will be released within two days, after it pays a fine.

Foreign Ministry spokeswoman Marzieh Afkham told reporters Wednesday says the April 28 seizure of MV Maersk Tigris followed a legal complaint by an Iranian private company.

Afkham says that, "based on the information we have acquired, it is likely that the dispute will be settled within next two days."

Iranian forces boarded the ship after firing warning shots across the bridge, prompting the U.S. Navy to dispatch a destroyer and a plane to the area in response.

Danish shipping company Maersk Line chartered the container ship from Rickmers Ship Management in Singapore and insists it had no "special cargo" such as military equipment.