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Turkey incentivises local shipbuilding

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Ankara, Turkey (Ports Europe) April 1, 2024 – Minister of Transport and Infrastructure, Abdulkadir Uraloğlu, has announced amended the regulations regarding the incentives for constructing new vessels to replace the scrapped Turkish flag vessels. Applications for scrapping incentives have increased from 25,000 GT (gross tonnage), to 50,000 GT. Uraloğlu said: “With this change, we aim…

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