May 27th 2024
Montevideo dredging
National Holidays:
June 17th, 20th and 21st
Grains and Markets:
South Korea’s MFG has purchased four Panamaxes of maize August dates. One each from Cofco, Olam, CJ and Scoular. Sourcing options ECSA and SAfrica. To be declared at a later date.
One cargo of Argentine soya bean oil has been purchased by India spot (June) dates.
Venezuela is looking for as Handymax of soya bean meal, June.
Egypt is in the market for a Panamax of maize, also June dates.
Montevideo dredging:
Uruguay’s National Port Administration (ANP) has signed an additional contract with CHEC Dredging Company Limited of China to assist with the dredging of Montevideo port to 14 meters draft. Today the maximum draft stands at 13 meters.
The initial dredging has been undertaken by the port administration using their own dredgers, but additional support has been considered necessary to clear the access canal and the inner harbor area.
With an improved draft Montevideo seeks to position itself as a deep-water hub port for the South Atlantic ports. Principally for the container trade.
The dredging work is expected to be finalized by end of 2025.
STS BUNKER AT ZONA COMUN FOR NEXT DAYS:
As always, the STS operation is up to the discretion of the Masters of the vessels involved.
Will keep you posted.
Best regards,
Antares Servicios Maritimos S.A.
For more information