EconomyBlack Sea security risks force shipowners to reroute vessels — expert
Rising security risks in the Black Sea are prompting many Turkish shipping companies to divert vessels to the Mediterranean, according to Basaran Bayrak. He said the move is creating excess tonnage, intensifying competition and lowering freight rates, while frequent attacks have sharply increased insurance costs and war-risk surcharges.
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TASS★★☆☆☆2026-08-11 11:27Original
Black Sea security risks force shipowners to reroute vessels — expert