{"id":2632,"date":"2025-01-26T09:16:42","date_gmt":"2025-01-26T09:16:42","guid":{"rendered":"https:\/\/in-greece.com\/index.php\/2025\/01\/26\/bloomberg-warns-the-west-about-the-blue-homeland\/"},"modified":"2025-01-26T09:16:42","modified_gmt":"2025-01-26T09:16:42","slug":"bloomberg-warns-the-west-about-the-blue-homeland","status":"publish","type":"post","link":"https:\/\/in-greece.com\/index.php\/2025\/01\/26\/bloomberg-warns-the-west-about-the-blue-homeland\/","title":{"rendered":"Bloomberg Warns The West About The &#8220;Blue Homeland&#8221;"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div data-first=\"T\" itemprop=\"articleBody\">\n<h2 class=\"wp-block-heading\">The launch of two new Turkish frigates this month is the latest example of a naval expansion effort that will grant Ankara increased influence in the Mediterranean, Aegean, and Black Seas\u2014and beyond.<\/h2>\n<p>It also signifies the diversification of Turkey&#8217;s growing domestic defense industry, which is primarily known for its unmanned aerial drones.<\/p>\n<h3 class=\"wp-block-heading\">As reported by Bloomberg:<\/h3>\n<p>This is a long-term investment that could benefit from escalating conflicts over maritime trade routes, as Houthi rebels threaten commercial ships off Yemen, Ukraine and Russia exchange attacks in the Black Sea, and NATO intensifies surveillance to prevent sabotage of undersea cables.<\/p>\n<p>Additionally, 29 ships are under construction in Turkish shipyards, including the country\u2019s first domestically produced submarines, cruisers, and aircraft carriers. According to Bloomberg estimates, the Turkish fleet will grow to 209 ships, based on the latest inventory from the International Institute for Strategic Studies.<\/p>\n<p>\u201cThis not only shifts the regional balance of power but also marks Turkey\u2019s emergence as a naval force capable of projecting power abroad while maintaining sovereignty in strategically vital, geographically complex areas like the Aegean,\u201d said Suha Cubukcuoglu, a senior researcher at Trends Research &amp; Advisory.<\/p>\n<p>The aggressive strategy is rooted in the &#8220;Blue Homeland&#8221; doctrine, which seeks to assert control over larger portions of the maritime zones surrounding the country. This has led to numerous disputes with Greece and Cyprus in the Aegean and Eastern Mediterranean over maritime boundaries and undersea energy resources.<\/p>\n<p>Although tensions have eased since a naval standoff in 2020 that nearly brought the two countries to conflict, neither side has backed down from its claims over exclusive economic zones.<\/p>\n<p>Meanwhile, Turkey is seeking international recognition to bolster its position, signing a maritime border delimitation agreement with Libya in 2019 and planning a similar deal with Syria.<\/p>\n<p>Further afield, the Turkish navy escorts hydrocarbon exploration vessels in Somalia, home to Ankara\u2019s largest overseas military base.<\/p>\n<p>All this military might comes at a cost, with Turkey, one of the Mediterranean&#8217;s top defense spenders, budgeting $45 billion for defense in 2025\u2014an 11% increase from the previous year.<\/p>\n<p>Turkish President Recep Tayyip Erdo\u011fan has used defense development to promote domestic production, reducing dependence on Western suppliers who have occasionally imposed arms embargoes on Turkey over political disagreements.<\/p>\n<p>The domestic defense industry is now the navy\u2019s greatest asset, according to Cubukcuoglu, who stated, \u201cTwenty years ago, it relied heavily on equipment sourced from the U.S. and NATO. Today, approximately 75%-80% of components are domestically produced.\u201d<\/p>\n<p>Turkish shipbuilding companies have constructed ships for fleets in Qatar, Pakistan, Ukraine, and Iraq, while securing new orders from Saudi Arabia, Malaysia, and Portugal. They also finalized their first export deal for an unmanned surface vehicle (USV) or sea drone in 2024, selling to Qatar.<\/p>\n<p>Turkey boasts one of NATO\u2019s leading USV programs, positioning it strongly to capitalize on the development of a market that intelligence company Janes estimates will be worth $7.8 billion by 2032.<\/p>\n<p>Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-01-24\/turkey-bets-on-homegrown-navy-for-edge-in-high-seas-power-play\" target=\"_blank\" rel=\"noopener\">Bloomberg [Turkey Bets on New Naval Clout for Edge in High-Seas Power Play]<\/a><\/p>\n<footer class=\"article-tags entry-footer\">\n<div>\n<strong>Tags:<\/strong><br \/>\nAEGEAN, Aircraft Carriers, Black Sea, bloomberg, Blue Homeland, Cyprus, Defense industry, Defense Spending, Erdo\u011fan, Exclusive Economic Zones, frigates, Greece, Libya, maritime disputes, Mediterranean, NATO, Naval Expansion, Somalia, submarines, Turkey, Turkish navy, Unmanned Surface Vehicles<\/div>\n<\/footer>\n<div class=\"category_container author-information\">\n<div class=\"inner\">\n<section id=\"authorpage\" class=\"authorpage\">\n<img loading=\"lazy\" alt=\"\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" data-src=\"https:\/\/secure.gravatar.com\/avatar\/ba5d58825f031edb65507982df805898?s=164&amp;r=g\" data-srcset=\"https:\/\/secure.gravatar.com\/avatar\/ba5d58825f031edb65507982df805898?s=328&amp;r=g 2x\" class=\"avatar avatar-164 photo lazyload lazy\" height=\"164\" width=\"164\" decoding=\"async\"\/><\/p>\n<div class=\"author-content\">\n<h5>GCT Team<\/h5>\n<p>This article was researched and written by a GCT team member.<\/p>\n<p><i class=\"fa fa-link\"\/><br \/>\n<a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/greekcitytimes\" class=\"boxed-icon fill twitter\" target=\"_blank\"><i class=\"fa fa-twitter\"\/><\/a><br \/>\n<a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.facebook.com\/Greekcitytimes\" class=\"boxed-icon fill facebook\" v=\"\"><i class=\"fa fa-facebook\"\/><\/a><br \/>\n<a rel=\"nofollow\" target=\"_blank\" href=\"http:\/\/instagram.com\/greekcitytimes\" class=\"boxed-icon fill instagram\" target=\"_blank\"><i class=\"fa fa-instagram\"\/><\/a><\/div>\n<\/section>\n<\/div>\n<\/div>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><script async src=\"\/\/www.instagram.com\/embed.js\"><\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/greekcitytimes.com\/2025\/01\/26\/bloomberg-warns-the-west-about-the-blue-homeland\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The launch of two new Turkish frigates this month is the latest example of a naval expansion effort that will grant Ankara increased influence in the Mediterranean, Aegean, and Black Seas\u2014and beyond. It also signifies the diversification of Turkey&#8217;s growing domestic defense industry, which is primarily known for its unmanned aerial drones. As reported by &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Bloomberg Warns The West About The &#8220;Blue Homeland&#8221;\" class=\"read-more button\" href=\"https:\/\/in-greece.com\/index.php\/2025\/01\/26\/bloomberg-warns-the-west-about-the-blue-homeland\/#more-2632\" aria-label=\"Read more about Bloomberg Warns The West About The &#8220;Blue Homeland&#8221;\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":2633,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"fifu_image_url":"https:\/\/greekcitytimes.com\/wp-content\/uploads\/2023\/02\/5-24-1024x576.jpg","fifu_image_alt":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-2632","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","no-featured-image-padding"],"_links":{"self":[{"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/posts\/2632","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/comments?post=2632"}],"version-history":[{"count":0,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/posts\/2632\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/media\/2633"}],"wp:attachment":[{"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/media?parent=2632"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/categories?post=2632"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/tags?post=2632"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}