02 January 2018
04 May 2017
New Regulation Bestows Greater Powers and Duties on Harbour Masters:
The Ministry of Transport has amended the Turkish Ports Regulation (“Regulation”) and expanded the duties and powers of Harbour Masters in several ways. The Regulation has attracted particular attention given that it purports to fill in the loopholes as to early sale procedure of vessels, under the Turkish Commercial Code (“TCC”) and the Enforcement and Bankruptcy Code (“EBC”).