Monday, August 29, 2022

Turkey Increases Naval Transit Fees For The Bosphorus And The Dardanelles By Five Times

Odessa Jornal: Turkey, for the first time in 39 years, will raise the fee for passage through the Bosphorus and the Dardanelles. Five times more 

Turkey will five times increase the cost of passage through the Black Sea Straits in October, the Sabah newspaper reports, citing sources in the Turkish Ministry of Transport. 

The increase in fees for the lighthouse, medical care, and evacuation of merchant ships is provided for by the Montreux Convention, which regulates navigation in the straits. According to the media, Turkey has abolished the payment system for collecting fees for passage through the Bosphorus and the Dardanelles, which was introduced in 1983. 

Turkey calculates the toll in French francs. In 1983, the franc was set at $0.8. Due to inflation and the rise in the price of gold, fees have practically depreciated. From October 7, 2022, the franc exchange rate will be set at four dollars.  

Read more ....  

WNU Editor: Ouch! Everything is getting more expensive.

Turkey Increases Naval Transit Fees For The Bosphorus And The Dardanelles By Five Times 

Türkiye hikes strait transit fees to $4 per tonnage -- Daily Sabah  

Turkey increased Bosphorus passage fee five times -- Port News 

Turkey to five times increase cost of passage through Bosphorus and the Dardanelles -- News.am

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