Erhürman Slams Government Over Failed Ferry Investment

Ada 74 - RoRo Ferry
[‘Ada 74’ 0 RoRo Ferry]
Tufan Erhürman, leader of the Republican Turkish Party (CTP), recently raised concerns about the ferry “Ada 74,” inaugurated with a grand ceremony in Mersin, attended by officials from Turkey and North Cyprus, Yeniduzen reports. He questioned why the “Ada-74,” heralded in May 2023 as revolutionary for maritime transportation, turned out to be a failure, noting that the government itself admits it is not profitable.

Erhürman’s Statement:

The “ADA-74” ship, according to the Ministry of Transportation’s website, can accommodate 400 passengers, 15 trucks, and 25 small vehicles. Launched in May 2023, the ship has made a total of 96 voyages based on information that requires verification. The Cyprus Turkish Maritime Company’s website indicates that the ship was put up for auction on May 28, 2024, approximately a year after its acquisition. The government cited the ship’s lack of profitability as the reason for the sale and decided to procure a faster and higher-quality vessel.

Financial Details:

Statements from the government reveal that the Turkish Privatisation Administration paid 6 million dollars for the ship, while the KEİ Office covered the TRNC’s share of 28 million TL. Additionally, the Company applied for a 30 million TL loan from the Development Bank to make a necessary payment.

Operational Issues:

Unverified information suggests that the ship has been docked at Famagusta Port without operating since February 2024, accumulating debts. It is also indicated that the ADA-74 is certified to travel only between Mersin and Famagusta ports and up to 20 miles from the nearest landmass, which is peculiar given the actual distance between these ports.

Public and Parliamentary Concerns:

Erhürman emphasised that these issues are facts, though some require confirmation. He shared this information in advance of a parliamentary session to prevent claims of unpreparedness. He refrained from addressing who financed the ship, as it ultimately belongs to the Cyprus Turkish Maritime Company. However, he stressed the need for accountability if a TRNC company incurs losses due to a poor investment. He rejected the notion that Turkey’s financial involvement absolves scrutiny, arguing that investments should be profitable. If Turkey made an unnecessary expenditure on a non-profitable ship, it is not a matter for celebration.

In conclusion, Erhürman called for transparency and accountability regarding the “Ada-74” situation, highlighting the need for the public and Parliament to understand the decisions and financial implications surrounding the vessel.

Yeniduzen

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