Türkiye hikes passage fee through its straits

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Türkiye hikes passage fee through its straits

STORY: Türkiye hikes passage fee through its straits DATELINE: June 7, 2023 LENGTH: 00:02:14 LOCATION: ISTANBUL, Türkiye CATEGORY: ECONOMY SHOTLIST: 1. various of cargo ships passing through the Dardanelles 2. various of Bosphorus in Türkiye 3. various of cargo ships passing through the Bosphorus in Türkiye 4. various of cargo ships in the Marmara Sea, Türkiye STORYLINE: Türkiye will introduce a new tariff for passage through its strategic straits which connect the Mediterranean and the Black Sea, local media reported Tuesday. The vessel passage fee through Bosphorus and Dardanelles straits will be raised by 8.3 percent in dollar terms, daily HaberTurk reported. The new toll will become effective on July 1. The increase is expected to bring an additional 900 million U.S. dollars to the Treasury, the newspaper said, citing unidentified sources. The new tariff will be applied to the passage of multi-purpose commercial ships, including those involved in grain trade from the Black Sea ports, the daily noted

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