October 20th – Bahia Blanca Crude exports


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 21st as from 1200 hours until Monday October 24th, 0800 hrs)

– HQ Buenos Aires:

German Stoppo +54 9 11 6434 1673

Nicolas Fichi +54 9 11 5578 4559

– Upriver:

AgustĂ­n More +54 9 11 6656 1677

Pablo Andres Faggiani +54 9 11 3156 1681

Walter Nestor Travaglini +54 9 11 3156 1680


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

Mooring gangs:
On Friday, October 21st 0900 mooring gangs will stop activities to hold a General Meeting to discuss a wage adjustment.

Grains and Markets:

The Rosario Grain Exchange has revised the forecast for the 2022-2023 wheat harvest down to 15,000,000 tons. The extended drought has affected yields. The 2021-2022 harvest was 23,000,000 tons.
Barley is forecast to be 4.7 million tons for 2022-2023 season. This crop has been less affected because it is originated in the southern area of the Pampas where there has been more rainfall.
Early days yet, but the maize harvest for 2022-2023 is being sown. Forecasts today stand at 56,000,000 tons.
South Korea has purchased 30,000 tons of barley, December dates. Sourcing unreported.

Soyabeans:

After a spectacular September/early October with 13 million tons of soyabeans being traded because of the Government’s “special” exchange rate the markets estimate that the volume of beans sold is expected to fall back. A considerable amount remains on farmer’s storage (silo bags) estimated to amount to 17,000,000 tons. A regional shortage of the beans encourages hoarding and high prices to feed the crushing complex principally located at Upriver ports.

Bahia Blanca (Puerto Rosales) Crude exports:

The Bahia Blanca area is lobbying hard to position itself as an outlet for the Vaca Muerta shale oil and gas fields. The company that operates the crude pipeline (Oldelval) from the North-West Patagonian field is completing regulatory and financial requirements to double its capacity. The output at Puerto Rosales is intended to total now 450,000 barrels per day. New storage tanks are to be constructed, and a new berth to complement the SBM used until now.
Crude oil produced in Patagonia is much valued for its very low sulfur content, especially in today’s turbulent energy and environmental context.

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.

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:

Brisk weather Friday night and early morning Monday.
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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