Türkiye will increase the fee for the passage of ships through the Bosphorus and the Dardanelles by 8.3%
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From July 1, 2023, Turkey will increase the fee for the passage of ships through the Black Sea Bosphorus and Dardanelles by 8.3% to $4.42 per ton. About it informs Aydinlik with reference to the decision of the General Directorate for Maritime Affairs under the Ministry of Transport and Infrastructure.
In previous years, the revenue from the passage of ships through the strait is about $160-170 million. As a result of the increase in fees, revenue is expected to rise to $900 million in 2023.
The amount of duties is calculated on the basis of the gold franc since the signing in 1936 of the Montreux Convention, which regulates shipping in the straits, the newspaper notes. According to the document, the value of the franc was fixed at $0.8.
The publication recalls that in 2022 a “historic decision” was made that the value of the gold franc would not be fixed, but would be updated at the end of June each year. Since October 7 last year, the Turkish authorities increased the cost of passage of ships through the straits from $0.8 to $4.08.
The Montreux Convention restored Turkish sovereignty over the Bosphorus and Dardanelles from the Black Sea to the Mediterranean. It was adopted in 1936. At the same time, Turkey pledged to comply with the principles of international maritime law. The document established a different regime for the passage of warships for the fleets of the Black Sea and non-Black Sea states.
After the start of Russia’s special operation in Ukraine, Türkiye closed straits for all warships.
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