Montreux convention: Satellite image of the Bosporus Strait and Dardanelle strait

Montreux Convention and Canal Istanbul : A Turkish financial and geopolitical bet?

The outbreak of the conflict in Ukraine on the 24th of February 2022 shed light on the strategic role of the Bosporus and Dardanelles straits, as well as the Montreux Convention which governs navigation through the Turkish straits. The purpose of the Montreux Convention of 1936 is to regulate transit and navigation from the Aegean … Continue reading Montreux Convention and Canal Istanbul : A Turkish financial and geopolitical bet?

a container-ship sailing on the sea under a dark sky

How Russian Military Activity Threatens Maritime Trade

Russian military activity in Black Sea, a threat to shipping industry The Ukraine Crisis and the activity of the Russian Military in Black sea posed a serious threat to maritime trade in the region. Due to several attacks on civilian cargo and according to the Montreux Convention, Turkey government decided to closed Bosphorus and Dardanelles … Continue reading How Russian Military Activity Threatens Maritime Trade