Turkey To Increase Fees For Passage Through Its Straits By Over 8% From July 1 - Reports

Faizan Hashmi Published June 05, 2023 | 07:30 AM

Turkey to Increase Fees for Passage Through Its Straits by Over 8% From July 1 - Reports

ANKARA (UrduPoint News / Sputnik - 05th June, 2023) Turkey will increase the fee for the passage of ships through the Turkish straits of Bosphorus and Dardanelles by more than 8% starting July 1, Turkish newspaper Aydinlik reported on Monday, citing the Directorate General of Maritime Affairs.

The cost of the passage of ships through the straits will reach $4.42 per net tonnage of a merchant vessel, an increase of 8.3%, the report said, adding that the country's revenues after this decision can reach $900 million in 2023.

In October, the Turkish authorities had already increased five times the cost of the passage of merchant ships through the Bosphorus and the Dardanelles.

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