New Delhi: Ships carrying crude oil to many countries of the world including India are stuck in the Turkish waters in the Black Sea. Turkey made it clear on Friday that it would not allow ships carrying crude oil from Russia to pass through its territorial waters without proper insurance papers. Turkey’s Maritime Authority said it would continue checking despite the growing queue of ships. Due to this obstinate attitude of Turkey, the number of cargo ships stuck in the Black Sea has increased to 28.
Significantly, Turkey has issued a new rule related to insurance after fixing the price limit of Russian crude oil of G-7 countries. Turkey is now demanding that insurance companies show a guarantee cover from the ships, which states that the oil loaded on the ship has been bought at a price of $ 60 a barrel or less. Many countries have put pressure on Turkey to remove this rule. But Turkey has not yet budged from the tussle. Turkey’s transport ministry body has said it may remove oil tankers parked in Turkish waters without sufficient documents or ask for new P&I insurance papers.
28 ships stranded
According to a report by the news agency Reuters, the number of cargo ships waiting to cross the Bosphorus Strait of Istanbul in the Black Sea to enter the Mediterranean Sea increased from 16 to 19 on Thursday. At the same time, 9 other cargo ships carrying crude oil are stranded in the Dardanelles Strait. In this way, a total of 28 ships are currently stranded in the sea. The tankers waiting for north of the Bosphorus are more than 200 meters long, according to the Tribeca shipping agency, and have yet to schedule their crossing of the Bosphorus.
Why did the dispute happen?
Recently, the group of G7 countries and its allies have approved setting a limit of $60 per barrel on Russian oil prices. Turkey is included in NATO. That is why now to implement the price limit imposed on Russian oil, it has implemented new rules related to insurance for ships passing through its waters carrying crude oil.
Ship coming to India carrying oil also got stuck
Most of the cargo ships stuck in the Black Sea are carrying crude oil to Europe. At the same time, some tankers are going to India, South Korea, and Panama. Nineteen tankers have CPC crude from Kazakhstan. At the same time, a tanker, which is bringing oil to India, has 1 million barrels of Russian crude oil loaded in it.
