TANKER REPORT - 14 Tankers Set to Transit the Dardanelles and Bosphorus Straits

Foreks - There are no issues reported in the transit passages at the Bosphorus and Dardanelles, which are the two most important routes for transporting oil from the Black Sea region to the world. According to a report received via email from Tribeca Maritime Services, a total of 14 tankers are expected to pass through the straits today. No adverse weather conditions are anticipated in both straits over the next two days.

• Average Waiting Time (Days)                        Tanker Length                        ---------------   -------------- Dardanelles North       0.1-0.6           8.0-8.5  Dardanelles South       0.2-0.7           7.0-7.5  Bosphorus North         0.3-0.8           3.5-4.0  Bosphorus South         1.3-1.8           3.0-3.5   

• 200+ Tanker Passage Schedule -                                              Last 24                              Passages    Waiting    Hourly     Marmara                         Planned      Vessels    Incoming    Ports                         -------     ------     --------  ----------   Dardanelles North      8          22         4         6 Dardanelles South      0          19         2         2 Bosphorus North       3          11         1         5 Bosphorus South       3           9         5         1