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EconomyExpert: Black Sea security risks force shipowners to reroute vessels

Black Sea security risks are prompting shipowners to send vessels along alternative routes, according to Basaran Bayrak. He says the change is creating a surplus of available tonnage. That surplus is intensifying competition among shipping operators. As a result, freight rates are being pushed lower.

Black Seashippingsecurity risks

TTASS★★☆☆☆2026-08-11 11:27Original

Expert: Black Sea security risks force shipowners to reroute vessels
Economy