In the maritime world, a judicial sale is often seen as the “gold standard” for acquiring a vessel because it provides the buyer with an unencumbered title. Turkey, with its strategic ports and robust maritime legal framework (aligned with the 1993 Geneva Convention on Maritime Liens and Mortgages), offers a transparent and efficient system for […]
In the global maritime industry, the ability to secure a claim through the detention of a vessel is a powerful legal tool. Due to its strategic location—encompassing the Bosphorus and Dardanelles straits—Turkey has become one of the most preferred jurisdictions for ship arrest. Following the alignment of the Turkish Commercial Code (TCC) with the 1952 […]