Türkiye raises fees for int’l vessels transiting Turkish straits

Türkiye raises fees for int’l vessels transiting Turkish straits

ANKARA
Türkiye raises fees for int’l vessels transiting Turkish straits

In line with a new mandate, transit fees imposed on international vessels passing through the Turkish straits will be $4.42 per net ton as of July 1, Transportation and Infrastructure Minister Abdülkadir Uraloğlu has announced.

“Last year, for the first time in 39 years, we implemented a fee increase to boost foreign currency inflow from the straits, and now we are introducing another increase as of July 1,” Uraloğlu said in a written statement on June 11.

With the new price update, the fee per net ton for international vessels passing through the Turkish straits has risen from $4.08 to $4.42, Uraloğlu added.

The minister reminded that according to the Montreux Convention, fees are collected from vessels passing through the Turkish straits without a call based on three items: Health inspection, lighthouse services and rescue services.

With the new tariff, a ship with a net tonnage of 10,000 will have to pay $17,760 rather than $16,393 with the old fee, Uraloğlu said.

Before 2022, when the first increase was implemented, ships had to pay only $3,240, Uraloğlu added.

“With this increase, we are taking a historic step that will increase the foreign exchange inflow to the country,” he noted.