Turkish shipowners are sounding alarms over increasingly frequent attacks on commercial vessels in the Black Sea. These attacks are driving up insurance costs and forcing ships to halt operations, creating a potentially catastrophic financial situation for companies. According to reports in Dünya daily, the continued security crisis could lead to widespread bankruptcies within the Turkish shipping industry. Industry representatives express deep concern about the escalating risks and related expenses. The situation is becoming unsustainable for businesses relying on Black Sea trade routes. Without a resolution to the security concerns, the economic viability of operating in the region is severely jeopardized, and further disruptions are anticipated.