July 07th- River Parana Draft Forecast

July 07th 2022

River Parana Draft Forecast

ANTARES: We attach to this News a flyer with the full detail of all our staff and offices for your ready reference.

Week end duty staff: (Friday, July 01st as from 1200 hours until Monday July 04th 2022, 0800 hrs)

– HQ Buenos Aires:

German Andres Stoppo +54 9 11 6434 1673

Nicolas Fichi +54 9 11 5578 4559

– Upriver:

Sebastian Ferrara +54 9 11 3156 1679

Franco Ostoic +54 9 11 6656 1678

National Holidays:Saturday, Saturday, July 09th – Independence Day

River Parana Draft Forecast:

Basis INA Report of July 05th and Depth Report of July 07th
San Lorenzo’s shallowest point now located at Entre Paso Borghi/Bella Vista KM 447,1 depth of 9 M at Zero datum
Rosario’s shallowest point now located at Paraguayo KM 389,1 depth of 9,1M at Zero datum
San Nicolas’ shallowest point now located at Arriba Obligado KM 311,9 depth of 9,8M at Zero datum

River level is descending. Nevertheless, the forecast is that water levels will not be as low as during 2021.

Diesel fuel shortage:
The Government and the State-owned company YPF are now announcing the arrival (import) of 10 shipments of diesel fuel over the next three months. This amounts to approximately 500 thousand cubic meters. Argentina has always had a local production deficit of diesel fuel and imports are usual. On the other hand, there are exports of other light petroleum derivates. This year (2022) due to very high foreign import prices caused by Black Sea hostilities and the strong currency devaluation imports have lagged behind the usual volumes. This shortage is the principal reason for Individual Truck Owners protests during last week. PAE (Pan American Energy) have installed enhanced cracking facilities over the summer months at the Campana refinery. They now are able to produce “Eurodiesel”. All Eurodiesel used to be imported.

Farmer’s protest:
Farmers are still ongoing with their planned protest for Wednesday, July 13th. On that day no commercial activity will take place. No selling or trading of any goods. Farmers are affected by the shortage of diesel fuel and spares, especially tires. The lack of diesel and spare tires is causing disruption in sowing and harvesting. It needs also to be said that a one-day halt in activities will not cause a significant change in cargo inflow to the ports.

Grains and Markets:
South Korea has purchased 140 thousand tons of maize for September and October shipment.
Jordan has bought 60 thousand tons of barley and 2×60 thousand tons of wheat.
The Philippines were also looking for 120 thousand tons of barley and 150 thousand tons of wheat.

San Nicolas Dredging:
Dredging within the port of San Nicolas remains ongoing. The dredger Afonso de Albuquerque is expected to have another week’s work ahead. The dredging operation is to bring the depth to a level of 10.05 meters at Zero datum at the entrance to the port and at all the berths in New Port, elevator and AES pier.
Basis INA Report of June 28th and Depth Report of June 30th

River level is descending. Nevertheless, the forecast is that water levels will not be as low as during 2021.

Pine wood exports Argentina/India:
Three further vessels have been fixed to load pine logs from Concepcion del Uruguay, completion at Ibicuy.
Each shipment, including deck cargo amounts to approximately 30 thousand tons.
The discharge port for these cargoes is reported to be Khandla, India

The port administration at Bahia Blanca has reduced the “entry” tariffs for vessels that stop at the Roads for lifting bunkers only.
This is an 18 per cent reduction, and it reflects as a reduction of about USD 3,500 on a Capesize, down from USD 26,000 to USD 22,500, and a reduction of USD 2,000 on a Panamax, down from USD 16,000 to USD 14,000.

Winds over the rest of this week. Bunker deliveries at Zona Comun:

Will keep you posted.

Best regards,

Antares Servicios Maritimos S.A.

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