TANKER REPORT - 11 Tankers to Navigate the Dardanelles and Istanbul Straits

Foreks - There are no issues with transit passages through the Istanbul and Dardanelles Straits, which are the most important routes used to transport oil from the Black Sea region countries to the world. According to a report received via email from Tribeca Maritime Services, a total of 11 tankers will pass through the straits today. No adverse weather conditions are expected in both straits over the next two days.

-Average Waiting Time (Days)-                        Tanker Size                        ---------------   -------------- Dardanelles North       0.2-0.7           6.0-6.5 Dardanelles South       0.2-0.7           1.0-1.5 Istanbul North          0.5-1.0           1.5-2.0  Istanbul South          0.4-0.9           3.0-3.5

-200+ Tanker Passage Schedule-                                              Last 24                              Passages    Waiting    Incoming    Marmara                          -------      ----     --------  ---------- Dardanelles North      0          22         2         5 Dardanelles South      8           1         4         3 Istanbul North         0           5         4         0 Istanbul South         3           9         2         0