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Turkey asks insurance from tankers carrying petroleum products

Posted On: Feb. 3, 2023 10:04 AM CST

Turkey has demanded that tankers carrying petroleum products through its straits must have a valid protection and indemnity insurance cover as of Feb. 6, a day after the European Union embargo on seaborne imports of Russian oil products comes into effect, reported citing Reuters. Turkey is already demanding proof of P&I cover for crude oil tankers passing through the Turkish straits, which created a massive traffic jam in the narrow straits in December 2022.