an unusual toll to revolutionize global maritime trade

In the 16th century, several sultans of the Ottoman Empire came to seriously study the possibility of open an artificial road next to the Bosphorus to better control maritime traffic between the Black Sea and the Mediterranean… the project was canceled again and again for centuries due to wars, lack of money and strategic doubts, but the idea never completely disappeared from Türkiye. The old Turkish obsession. While the Strait of Hormuz has become one of the largest sources of tension of the planet due to the war between Iran, the United States and Israel, an idea that has been around Turkey’s politics and strategy for years has once again gained prominence: building a gigantic artificial canal parallel to the Bosphorus to create a new sea route under Ankara’s direct control. It is not just about decongesting Istanbul’s naval traffic. Behind the project appears a much greater ambition: converting a free natural passage into an alternative corridor capable of generating incomegeopolitical influence and pressure capacity on part of international trade. Precisely now, when Hormuz demonstrates the extent to which a maritime bottleneck can disrupt the world economythat old Turkish idea it rings again with more strength. The Bosphorus and its importance. He Bosphorus It is much more than a strait that divides Istanbul between Europe and Asia. In reality it is the only sea exit towards the Mediterranean for countries such as Ukraine, Georgia, Bulgaria or part of southern Russia, and one of the busiest corridors in the world. Every year, thousands of oil tankers and freighters cross a narrow road, full of curves and surrounded by a gigantic city of millions of inhabitants. Türkiye has been defending for years that this trafficking represents an enormous risk both for maritime security and for Istanbul itself, especially after several accidents of ships occurring next to historic and residential areas. The problem for Ankara is that the Bosphorus is regulated by the Montreux Convention of 1936, which guarantees free transit and greatly limits the possibility of charging direct tolls to ships. The idea that could change the rules. There appears the real core of the project Istanbul Canal. As it is an artificial route and not a natural strait, Türkiye could try apply rates and services transit routes similar to those of Suez or Panama without formally breaking international maritime law. For years, this possibility seemed more like a geopolitical fantasy than a near reality, but the Hormuz crisis aims to restore prominence to an uncomfortable question: what happens when large maritime corridors stop being simple routes and become tools of economic and political pressure. Iran has already hinted at the possibility of demanding payments in Hormuz, something that has alarmed organisms international organizations and the great maritime powers. In this context, the old Turkish project begins to fit within a broader trend: transforming certain strategic steps into infrastructures capable of generate multi-million dollar income and increase the political weight of the countries that control them. Istanbul, Türkiye, divided by the Golden Horn and the Bosphorus Strait. Erdogan’s dream. Yes, because Recep Tayyip Erdogan turned the Istanbul Canal into one of its great symbols politicians. In fact, he has compared it to Suez and Panama, he has described it as a project aimed at transforming the Türkiye’s international role and has presented it as a work capable of turning Istanbul into one of the great logistics centers in the world. On paper, the channel would have 45 kilometers longwould allow the passage of large oil tankers and freighters and would be accompanied by ports, logistics zones, new urbanizations and enormous real estate developments. It would also physically split the European part of Istanbul, creating a kind of gigantic artificial island between the Bosphorus and the new canal. The big question: if anyone would pay to use it. The enormous problem of the project has always been the same. Although Türkiye could charge tolls on the new canal, the Bosphorus would still exist as a free alternative. That doubt has been haunting the plan for years: why a shipping company would agree to pay millions to cross an artificial route when it has another relatively nearby toll-free route. Ankara is confident that congestion, navigation risks and possible delays will push many companies to choose the new corridor, especially for dangerous goods and large tankers. But many economists and maritime experts believe that the real profitability of the project remains uncertain and it would depend on very specific international scenarios, precisely like those that the Hormuz crisis is causing today. Criticism within Türkiye. Furthermore, the Istanbul Canal It has never been solely a discussion about maritime trade. For years it has been accumulating criticism for its ecological impacturban and economic. Scientists and urban planners warn that the canal would cross forests, aquifers, agricultural areas and very sensitive ecosystems in the north of Istanbul. Not only that. There are also fears about how alter the currents between the Black Sea and the Sea of ​​Marmara, affect marine biodiversity or increase problems related to earthquakes and landslides in an already very seismically vulnerable region. Plus: the projected cost (which different estimates place between 15,000 and more than 60,000 million dollars) continues to generate doubts even among sectors that support strengthening Turkey’s strategic position. Hormuz has reactivated the dream. For years, the Istanbul Canal seemed to move between bombastic announcements, delays, political disputes and financial doubts. but the war around Hormuz has returned to put on the table a much broader issue: the enormous power that certain maritime points have to alter supply chains, energy markets and entire geopolitical balances. Türkiye now watches as the entire world discusses blockades, maritime insurance, tolls and control of strategic routes while your old project appears again, at least in some sectors of the country, as a possible tool to increase your global influence in a century where maritime corridors once again become central pieces of international power. Image | Wikimedia, NASA In Xataka | Neom has stopped being science … Read more

If you thought the crisis in Hormuz was enough, the war in Ukraine has triggered another maritime drama in Europe: the Gulf of Finland

About five years ago, the container ship Ever Given became stuck in the Suez Canal for six daysblocking one of the most important commercial arteries in the world and leaving hundreds of ships trapped waiting. That incident, caused by a failed maneuver and adverse wind conditions, was enough to disrupt global supply chains in a matter of hours. A new seafront. As global attention focuses on the Strait of Hormuz, the war in Ukraine has opened another critical scenario much closer to Europe: the Gulf of Finlanda small but key space for Russian energy exports. There, far from spectacular drones or large fleets, the conflict manifests itself in a more silent way but just as revealingwith ships detained, routes blocked and growing tension between actors trying to avoid a direct escalation. This new focus demonstrates that the war is not only being fought on the land front, but also in the nerve centers of maritime trade. Ukraine attacks and a collapse. The situation has its origins in a clear kyiv strategy: to hit key russian ports to export oil, such as Ust-Luga and Primorsk, where it comes a fundamental part of the income that finances the war. The attacks have drastically reduced the operational capacity of these facilities, leaving dwhole days without activity and causing an immediate chain effect. The result: a unprecedented maritime traffic jamwith dozens of oil tankers (many of them linked to the so-called “floats in the shadows” Russian) accumulating waiting to be able to load. A system on the limit. They remembered this week in Political that this traffic jam in the Gulf of Finland is not just a striking image, but a symptom of something deeper: an energy and logistics system that begins to fracture under the pressure of war. Unlike conventional vessels, these tankers cannot be easily redirected to other ports due to the risk of being detained or sanctioned, which forced to remain anchored for days or weeks. As a result, there is an unusual concentration of aging and, in many cases, unsafe ships in European waters that were not prepared to absorb that volume. Europe trapped between control and escalation. Under this scenario, countries like Estonia and Finland They are in a particularly delicate position, since, despite being within the NATO framework, they have chosen not to intervene directly against these ships. The reason is clear: any attempt to stop or board an oil tanker could trigger a Russian military responseas already happened when a Russian fighter intervened to protect one of these ships. Since then, Moscow has reinforced its naval presence in the area, making it clear that it considers these strategic routes a red line. The Mirror of Hormuz. There is no doubt, what happens in the Gulf of Finland connects directly with the crisis in Hormuz: In both cases, the war moves towards maritime straits where traffic control becomes a strategic tool. The difference is that there is no formal block here, but an indirect disruption which generates similar effects, with stopped ships, tense routes and altered markets. In both scenarios, it is enough to interfere enough to collapse the system, and also without the need for a total shutdown. A war that spreads across the map. If you like, the result is a conflict that is no longer limited to Ukraine either to the Middle Eastbut it extends to the critical nodes of global trade, affecting Europe directly. The Gulf of Finland has thus become in another hot spot where energy, legal and military interests intersect, with an extremely fragile and volatile balance. And what seemed like a localized war is proving to have a much greater scope, generating new sources of tension that, like in Hormuz, can escalate quickly. without prior notice. Image | LAC, NormanEinstein In Xataka | If fog was deadly in Ukraine’s winter, spring is offering Russia a key advantage: greenery In Xataka | Ukraine is close to what no one has achieved in a war: shooting down missiles for less than a million dollars

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