VOL. XLI
No. 37
14-September-1998
FSU
Turkey To Impose Insurance Obligation On Oil Tankers In Bosphorus
The Turkish Foreign Ministry announced on 8 September that Turkey intends to impose aninsurance obligation on all crude oil and product carriers moving through its territorialwaters. The measure is viewed as an attempt by Turkey to reduce the number of tankersusing the Bosphorus and Dardanelles Straits and in doing so to enhance the chances forapproval of the proposed Baku-Azerbaijan crude...
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