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International Turkey Insurance

Bosporus letter of guarantee ‘falls far short of Türkiye demands’

Turkish government’s initial stance would effectively have required P&I clubs to write blank cheque, committing them to payouts in any and all circumstances

  • Analysis

‘It seems that the Turkish authorities were finally persuaded that the position of the clubs was immovable, and they have softened their requirements accordingly,’ argues lawyer who has analysed the text

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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