September 4th -Vaca Muerta-Litoral gas pipe line

September 4th 2023

Vaca Muerta-Litoral gas pipe line


National Holidays: Friday October 13th and Monday October 16th.


Grains and Markets:

South Korea’s Nofi have eventually purchased 135,000 tons maize. Reported details are that 67,000 tons are ECSA origin, with delivery on/around Dec 17th. The balance is two parcels of 34,000 tons with option ECSA or SAfrica. These have arrival dates very early January 2024.

Also, South Korea’s KFA bought 68,000 tons of maize on November dates.

Egypt is reported to be looking for a Panamax of soya beans on January dates. Malaysia is in the market for a Supramax of meal during December and Morocco for a Panamax of soya meal in November.

Grain surveyors strike lifted:

The grains surveyor’s union (URGARA) reached an agreement with management and the surveyor’s strike was lifted on Friday pm. An agreement on wages was reached.

Vaca Muerta-Litoral gas pipe line:

It has been reported that funding for 2nd stage of the Vaca Muerta-Litoral gas pipeline has been obtained from Brazil’s BNDES. With this in hand tenders for supply and construction will be called and offers asked for September 29th. It is worth recalling that the first stage of the pipeline was constructed during November 2022 and completed July 2023. Pipes were sourced in Brazil, shipped from Rio de Janeiro to Buenos Aires Dock-Sud. They were then coated in Argentina and laid down between Tratayen and Saliqueló. This next stage is between Saliqueló and San Jeronimo Sud (slightly south of Rosario) where it will connect with the national grid. It is still early days to talk about dates for commencement of shipping.


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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