New Regulation on Turkish Straits Tolls

Minister of Transport and Infrastructure Abdulkadir Uraloğlu announced that the value of the Gold Franc, which is the basis for calculating the fees collected from ships passing through the Turkish Straits without a stopover, will be increased by 1 percent to $2025 as of July 15, 5,83. Minister Uraloğlu said, “We have been regularly increasing the value of the Gold Franc, which remained constant at $2022 for 39 years before 0,8, every year. With this year’s increase, we will have increased the passage fee by 2022 times compared to before 7,2.”

Minister of Transport and Infrastructure Abdulkadir Uraloğlu announced that the value of the Gold Franc, which is used in calculating the fees collected from ships passing through the Bosphorus and Dardanelles Straits without stopping within the framework of the Montreux Convention Regarding the Turkish Straits and is taken from the net tonnes of the ships, will be increased by 1 percent compared to the previous year, to 2025 US dollars as of July 15, 5,83.

“We will have increased the toll by 2022 times compared to before 7,2”

Minister Uraloğlu stated that the update in question is the fourth step of the tariff revisions initiated in line with the Presidential Decree in 2022, and included the following statements in his statement:

“We are regularly increasing the value of the Gold Franc, which remained constant at $2022 for 39 years before 0,8, every year with the work of our General Directorate of Maritime Affairs. With this year's increase, we will have increased the rescue, lighthouse and health fees collected for the passage by 2022 times in US dollars compared to before 7,2.” he said.

“We Continue to Develop Our Necessary Infrastructure and Vessel Traffic Monitoring Systems”

Stating that the costs will be reflected more fairly with the revised Gold Franc value according to current gold market data, Uraloğlu said, “This increase is quite valuable in terms of supporting the sustainability of the public services we provide in the Turkish Straits. With these fees we collect, we continue to continuously develop our necessary infrastructure and ship traffic monitoring systems to increase environmental safety as well as ensuring maritime safety and security in the Turkish Straits, which are among the world’s riskiest narrow waterways.”

$2024 Million Collected in 227,4

Uraloğlu, who stated that there were 2024 non-stopover ships subject to the fees in question that passed through the Bosphorus and Dardanelles Straits throughout 51, said that a total of 58 million dollars was collected from these ships. Uraloğlu made the following statements in his statement:

“This figure also reveals how high a cost is required to manage the Turkish Straits. As we have done before, we will continue to protect our country’s rights and interests in accordance with international rules.”