TANKER REPORT - 13 Tankers to Transit the Dardanelles and Bosphorus Straits

Foreks - There are no issues with transit passages through the Istanbul and Çanakkale Straits, which are the most important routes for transporting oil from the Black Sea region countries to the world. According to a report received via email from Tribeca Maritime Services, a total of 13 tankers are expected to pass through the straits today. No adverse weather conditions are anticipated in either strait over the next two days.

-Average Waiting Time (Days)-                        Tanker Size                        ---------------   -------------- Çanakkale North Direction    0.3-0.8           5.0-5.5 Çanakkale South Direction    0.2-0.7           3.5-4.0 Istanbul North Direction       0.3-0.8           3.0-3.5  Istanbul South Direction       1.3-1.8           2.0-2.5

-200+ Tanker Passage Schedule-                                              Last 24                               Passages      Waiting    Hourly     Marmara                        To Be Made    In Line    Arrivals    Ports                        -------     ----     --------  ----------   Çanakkale North Direction      8          15         4         5 Çanakkale South Direction      0          14         3         3 Istanbul North Direction        5           9         9         4 Istanbul South Direction        0           6         2         0