June 26th – Offshore oil prospecting South Atlantic

June 26th 2023

Offshore oil prospecting South Atlantic


National Holidays: July 09th, Sunday.

Grains and Markets:

Soya beans harvest for 2022-2023 is now estimated to be 21,000,000 tons, truly miserable compared to 51,000,000 tons in 2021-2022.

The drought has been devastating.

The weather patterns for 2023-2024 are more optimistic. One estimate put the total Argentine harvest for the coming 2023-2024 season at 131,000,000 tons, weather permitting.

Cargill VGG berth:

On Friday 23rd, late night, the CoastGuard issued a ruling that vessels sailing from Cargill VGG berth will need 2 tugs. This is due to a sand bank that has been detected off the berth. The CoastGuard have also limited the maximum sailing draft from the berth. Please see our Daily Draft Report for the updated draft of the day.


River Parana Draft:

Dredger is still working the area of the grounding of the mv BERGE TATEYAMA (Km 308-313), and the depth has been improved from 9.30 to 9.80 meters (new reading of June 24th). The dredger remains operating there aiming to restore the Depth 10/10.30M. We will be sending updates with our Daily Draft Report.

Offshore oil prospecting South Atlantic:

The Drill Ship “Valaris DS-17”  chartered to perform the initial drilling prospects at CAN-100 area. The location of this prospect is 300 km due east of Mar del Plata. Work is expected to commence during October 2023, agw. The “Valaris DS-17” is now anchored off South Brazil.

This will be the first exploratory prospect in the area which (if all goes as per forecast) may turn out to be the next “Vaca Muerta” area and produce shale oil and gas in considerable quantities to serve both local and export energy requirements.


Bunker deliveries at Zona Comun:



As always, the STS operation is up to the discretion of the Master’s of the vessels involved.


Will keep you posted.

Best regards,

Antares Servicios Maritimos S.A.

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