June 28th – San Nicolas Dredging

June 28th 2022

San Nicolas Dredging

National Holidays: Saturday, July 09th – Independence Day

Independent Truck Owners Protest:
Protests by Individual Truck Owners due to the shortage of diesel fuel are intensifying.
Situation as reported today:

Upriver (San Lorenzo and Rosario):
Demonstrations at road junctions are in place, but alternative access to ports and terminals is available.

San Nicolas area:
Truck service within the port is mostly normal.
Fertilizer discharge and transshipment operations are performed as usual.

Access to the port remains blocked since Monday 27th 00:00 hours. No cargo is being delivered.
Vessels are being loaded with stocks in silos while same last.

Bahia Blanca:
Diminished cargo delivery to the terminals.
Some terminals are reported to be running short on stocks.
Transport within the port is normal. Discharge operations remain underway.

River Parana Draft Forecast:
Basis INA Report of June 27th and Depth Report of June 28th

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.

Grains and Markets:
Saudi Arabia has purchased 495 thousand tons of wheat. Spread as follows 125,000 November 2022, 180,000 tons December 2022 and 190,000 tons in January 2023. These are different origins and expected to be Panamax shipments.
Israel is in the market for August maize, Vietnam and Malaysia are looking for September shipments, also maize.

GMO Wheat from Argentina:
US Food and Drug Administration has given a favorable review for HB4 genetically modified wheat. There still remains approval from USDA and the EPA for full use of this variety in the US. This is an encouraging move along with approval from Australia and New Zealand.

San Nicolas Dredging:
Saturday 25th the dredger Afonso de Albuquerque commenced dredging operations in the port of San Nicolás. The intention is to clean the Access canal, the turning basin and to improve the depth alongside at the New Port berth. The work is estimated to take about 7 days.

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:

STS BUNKER AT ZONA COMUN FOR NEXT DAYS: Wind gusts are forecast to get stronger as from Wednesday 29th.

Will keep you posted.
Best regards,
Antares Servicios Maritimos S.A.

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