October 13th – Hidrovia Buoying and Dredging

October 13th 2022

Hidrovia Buoying and Dredging

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, October 14th as from 1200 hours until Monday October 17th, 0800 hrs)

– HQ Buenos Aires:

Gastón Cabrera +54 9 11 5578 4556

Horacio Vazquez +54 9 11 5578 4554

– Upriver:

Sebastián José Ferrara +54 9 11 3156 1679

Franco Gabriel Ostojic +54 9 11 6656 1678

Walter Nestor Travaglini +54 9 11 3156 1680

National Holidays: Sunday, November 20th and Monday November 21st, Long Weekend

Necochea Stevedores Unrest:

The Stevedores Union at Necochea has started protests after an assembly this morning (13th).
They are wanting a wage increase in the face of growing inflation.
Initially work is stopped during one hour in each six-hour shift. It is not yet clear if this will be applied during straight time working or if it will also apply to overtime.
Straight time shifts are Mon to Fridays 0700 to 1300, 1300 to 1900 and Saturdays 0700 to 1300 hours. All other six-hour shifts are considered overtime.

Grains and Markets:

Tunisia has purchased 8,000 tons of soyaoil November dates. Peru is looking for a Handymax soyameal December dates.
Egypt is in the market for a Panamax of maize, January dates.
Jordan is wanting 120 thousand tons of barley, March through April dates.
Soya forecast (2023 harvest) is 49 million tons. But the sowing has only just started.

Wheat harvest 2022-2023:

The wheat harvest is just commencing. The drought that persists and has affected the output severely. The original projection, based on 2021-2022 yields over the sown surface was 24/25 million tons. The forecast issued today by the Buenos Aires Grain Exchange is now reduced to 16.5 million tons. Marketing has slowed as already 8.8 million tons have been sold in forward contracts that were encouraged by the reduced volumes caused by hostilities in the Black Sea.

Hidrovia Buoying and Dredging:

Rumors are again filtering out regarding a new approach to the postponed contract for dredging and buoying of the River Parana/River Plate between Santa Fe and Recalada.
An initial call for offers to perform maintenance dredging on the Rivers for a one year period, prior to a longer term contract, was declared void and the maintenance continued on a direct contracting.
Now the talk is of a medium-term maintenance contract that will last for five years with no additional requirements for improvements.
The initial reason for the longer medium-term contract is that the Government now claims a need for extensive environmental studies to be performed before “improvements” can be designed on the present-day system.
In the meantime, the State Entity, AGP that is managing the dredging contracts out to Jan de Nul.

Lastly there is talk of Tecpetrol (Techint’s upstream oil company) who also talk of building an export terminal for crude oil and, or gas.

Weather in to the week-end for bunker deliveries at Zona Comun:

There may be interruptions for short periods over the weekend due to wind gusts.

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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