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NEWS & CIRC.
Our objective is to be a niche, retail insurance specialist with a global position
in the marine insurance market.
The level of pollution fines in Turkey has been amended with effect from 1 January 2024 with a 58% increase in the levels of fines from previous levels. Significant fines can be incurred for any discharge of dirty ballast, petroleum, petroleum derivatives (including sludge, slop fuel products, oily waste), garbage and sewage into Turkish waters, as well as for sulphur content of bunker fuels. The fines are calculated based on the type of pollution, and the type and tonnage of the vessel from which the pollutant emanates, rather than quantity of pollution discharged.
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