TANKER REPORT - Thirteen Tankers to Transit the Dardanelles and Istanbul Bosphorus Today

Foreks - There are no issues with the transit of oil through the Istanbul and Çanakkale Straits, which are the most important routes for transporting 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 13 tankers are expected to pass through the straits today. No problems are anticipated in either strait over the next two days.

-Average Waiting Time (Days)-                                      Tanker Length                                      ---------------   -------------- Çanakkale North Direction       0.2-0.7           6.0-6.5 Çanakkale South Direction       0.3-0.8           6.0-6.5 Istanbul North Direction          0.5-1.0           1.5-2.0  Istanbul South Direction          0.2-0.7           0.1-0.6

-200+ Tanker Passage Schedule-                                              Last 24                              Passage    Pending    Arriving    Marmara                         Will Make    Tankers    Hourly     Ports                         -------      ----  --------  --------   Çanakkale North Direction      9          20         3         5 Çanakkale South Direction      0          19         0         7 Istanbul North Direction       3           4         2         2 Istanbul South Direction       1           0         1         0