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Dardanelles closed to tankers on March 16 for Turkish Navy celebrations

The Dardanelles, at the southern end of the Turkish Straits, will beclosed to tanker traffic from 8:00 am to 4:00 pm local time on March 16 forTurkish Navy celebrations taking place in the area, shipping agents said.

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Delays through the straits are currently estimated at three daysnorthbound and three days southbound but a day's closure could slightlystretch out delays in the region, according to shipping agents.

The Bosporus and the Dardanelles to the south together form the Turkishstraits, the only commercially navigable transit route between the Black Seaand the Mediterranean.

--Peter Farrell, peter.farrell@spglobal.com

--Edited by Alisdair Bowles, alisdair.bowles@spglobal.com