TANKER REPORT - Dardanelles and Bosphorus Straits Closed to Transit Traffic

Foreks - Due to dense fog, transit passages through the Istanbul and Çanakkale Straits, which are among the most important routes for transporting oil from the countries of the Black Sea region to the world, have been suspended. According to a report received by Tribeca Maritime Services via email, a total of 0 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)                        Tank Size                        ---------------   -------------- Çanakkale North Direction   0.2-0.7           6.0-6.5 Çanakkale South Direction   0.3-0.8           7.0-7.5 Istanbul North Direction     0.3-0.8           4.0-4.5  Istanbul South Direction     0.1-0.6           2.0-2.5 

• 200+ Tanker Passage Schedule -                                              Last 24                              Passages    Waiting    Hourly    Marmara                         To be made    In line    Incoming    Ports                         -------     ------     --------  ---------- Çanakkale North Direction    0          17         2         3 Çanakkale South Direction    0          23         4         7 Istanbul North Direction       0          12         3         3 Istanbul South Direction       0           3         0         0