Following the attempted coup d’etat over the last weekend in Turkey, the nation has experienced limited disruption to the logistics industry, American Shipper reports.
“There has been no impact to operations at the Turkish Straits following the attempted coup in Turkey, with all passages taking place as per schedule,” maritime services provider Inchcape Shipping Solutions said. However there were some delays to sailing clearances due to extra security by authorities. At some ports, sailing permission from the Harbour Master is being withheld until vessels’ completion of immigration clearance. The maritime services provider expressed how it is working with its clients to minimize possible delays and will keep them updated.
Most of the shippers said that they did not observe any problems or disruption. The ports were fully operational during and after the attempt. The normalization was rapid and business continues as usual. Shipping lines like Maersk Line also said that their operations have not been impacted.
The European Union is Turkey’s number one import and export partner, while Turkey ranks as the EU’s seventh largest source of imports and fifth largest destination for exports. Turkey’s top markets for exports are the EU, Iraq, Russia, the U.S., the United Arab Emirates and Iran, while the nation sources most of its imports from the EU, Russia, China, the U.S., Iran and South Korea, the European Commission said.
The U.S. Department of Census says that in 2015, the U.S. exported goods valued at just over $9.5 billion and imported goods valued at nearly $7.9 billion. In the first five months of this year U.S. exports amounted to $4.35 billion and imports $3.33 billion.
Free navigation through the Bosphorous and Dardenelles is essential for ports in Russia, the Ukraine, Bulgaria, Georgia, Romania as well as northern Turkey.
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