Türkiye to hike transit fee through strategic waterways ...News

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Türkiye to hike transit fee through strategic waterways
The cost of passage through the Bosphorus and Dardanelles is set to increase by more than 8% The Turkish government has raised the fee for ships passing through the Bosphorus and Dardanelles straits, the newspaper Aydinlik reports, citing a ruling by the General Directorate of Maritime Affairs of the Ministry of Transport and Infrastructure. The key waterways are the only way to move cargoes between the Black Sea and the Mediterranean. The fee increase of 8.3% comes into effect on July 1, and is projected to bring Ankara’s annual revenue from the straits to $900 million. Commercial ships will now pay $4.42 per ton

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