TANKER REPORT - 10 Tankers to Transit the Dardanelles and Bosphorus Straits

There are no issues regarding transit passages through the Istanbul Strait and Çanakkale Strait, which are the most important routes used to transport oil from the countries of the Black Sea region to the world. According to a report received via email from Tribeca Maritime Services, a total of 10 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 Length                                                   ---------------   --------------  Çanakkale North Direction       0.3-0.8           9.0-9.5  Çanakkale South Direction       0.2-0.7           2.0-2.5  Istanbul North Direction        0.3-0.8           3.0-3.5  Istanbul South Direction        0.2-0.7           2.0-2.5 

• 200+ Tanker Passage Schedule -                                               Last 24                            Passage    Waiting    Arrival    Marmara                          Will Make    In Line    Per Hour    Ports                          -------     ------     --------  ----------   Çanakkale North Direction      0          27         8         4  Çanakkale South Direction      8           6         5         2  Istanbul North Direction        2          10         5         4  Istanbul South Direction        0           4         0         0