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@joesnatch we've known about that site yes.
I just didn't notice the info around the private port capability information there until now (wasn't really looking). Or the Panamax testing/capability at the Santana port.
This must not be fully sanctioned yet otherwise you'd assume we'd be booking those larger vessels given the possible savings.
But it's interesting to note just how much lower in cost $/tonne terms going to those bigger vessel. Less than half the cost on a $/t basis, which would make the stockpiles worth a lot more from a net profit perspective.
Rest of us R-E-M-mies. Not sure what LSE dis there
I see lots of posting from EV & Obs today, things must be waning, thx for generating some interest. Obs, based on your handle, are you celebrating your 79th birthday this month? Must be. Round of applause from the rest of us ******* :)
Who am I today? I’ll stick to RP. Have we won the lottery yet? Lols. Hiya Y11, speak soon xx
Evening EV, which source of logistic info were you using before todays discovery? I thought 'we' had been using this one for some time.
That sounds promising, it would be fortuitous if the pause allowed for that to complete. Seems like they've already had one sucessful docking as per below text.
http://www.docasdesantana.com.br/index.php/o-porto
Pier A : 200m long, 12m deep and has a berth suitable for Panamax type ships.
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https://www.cleberbarbosa.net/praticagem-preve-entrada-de-navios-maiores-no-porto-de-santana/
http://www.revistaportuaria.com.br/noticia/20402
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Port of Santana receives Panamax bulk carrier
Companhia Docas de Santana - CDSA introduction last Saturday morning, 29, the first Panamax-sized ship approved by the Brazilian Navy. The IVESTOS 6 is a Liberian bulk carrier with 225 meters in length and carrying capacity of up to 76 thousand tons.
The docking of ships of this size at the Port of Santana is the result of a management action involving a CDSA, a Pilotage and the Brazilian Navy that culminated in a study on the maneuverability of ships in the Santana Channel, carried out by the University of São Paulo - USP, a conclusion which took place after simulations in the Numerical Evidence Tank - TPN, at the university's headquarters, in August of this year, which proved the feasibility and safety of maneuvering larger ships than those currently operated.
The CEO of CDSA, Glauco Cei, who accompanied the simulations in São Paulo, highlighted the importance of this study, which had not taken place for 30 years, and which was carried out after a request from the municipality of Santana, for improvements, training and increased potential for investments in the Port of Santana in the medium and long term.
"With the arrival of ships of this size, we are going to go from a loading level of 45 to 50 thousand to 70 thousand tons of cargo on the same ship, making the Port of Santana more specific", special.
Santana Docks Company
https://www.facebook.com/docasdesantana/posts/2737872053157753
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Found the two links I was thinking of which suggest we'll be able to use Panamax size ships at the private and public ports in time.
"Operations of larger ships in Amapá are simulated at the University of São Paulo" (4/8/2020)
https://www.diariodoamapa.com.br/cadernos/cidades/operacoes-de-navios-maiores-no-amapa-sao-simuladas-na-universidade-de-sao-paulo/
===[
New port operations in Arco Norte may receive the seal of the Brazilian Navy and boost cargo handling capacity at the port of Santana by 50%.
...
Another pilotage investment was the sounding of the surroundings of Ilha de Santana, in front of the port, which indicates the possibility of a route for the arrival of large bulk carriers. Today, vessels of up to 203 meters in length (Handysize) make the turn in the evolution basin to dock, but the area prevents the maneuver of larger ships. With the new route, the ships will already enter in line with the port's berths, dispensing with the turn in the basin. This will allow the entry of bulk carriers in the 235-meter range (Panamax), with two more cargo holds, bringing significant productivity gains.
]===
"Agência Amapá participates in the approval of PANAMAX ship at Santana Docks" (August 31, 2020)
http://ageamapa.ap.gov.br/noticia/3108/agencia-amapa-participa-da-homologacao-de-navio-panamax-nas-docas-de-santana
===[
The operation marks the beginning of a new era for international logistics as a strong driver of Amapá's Economic Development.
...
Agência Amapá, represented by the Director of Investment Attraction, Tania Muricy and the Mining Coordinator, Wagner Costa, participated last Saturday, 29, at the invitation of the President of Santana Docks, Glauco Cei, in the berthing operation of a PANAMAX vessel at the Port of Santana.
The new operation will place the port of Amapá in a differentiated position and ensure competitiveness in the market, as the State moves from the average operation with ships with a capacity of 45 thousand tons to 70 thousand tons, representing an increase of 40% more cargo to be exported.
]===
A better source, was under our noses:
http://www.docasdesantana.com.br/index.php/o-porto
PRIVATE TERMINALS
Anglo Ferrous : with 270m of pier and 12m of draft, it operates in the export of ore.
Some good spots @EV. We also know that recent water surveys suggest that larger vessels will be able to pass through the ports as they won't need to turn around. Anyone got the link to this news?
Seems likely the big ones will fit if 270m Vessel is assumed
PRIVATE TERMINALS
https://ambientes.ambientebrasil.com.br/agua/hidrovias_e_portos_da_amazonia_legal/amapa_-_hidrovias_e_portos.html
Anglo Ferrous : with 270m of pier and 12m of draft, it operates in the export of ore.
https://ambientes.ambientebrasil.com.br/agua/hidrovias_e_portos_da_amazonia_legal/amapa_-_hidrovias_e_portos.html
Obviously our vessels are only 1/3 of the size and more than twice as expensive on a $/t basis, but when we have our private port operating we should be able to improve the economics drastically. It's even a good argument to delay shipping (some of) the stockpiles until the private port is available, assuming it can take much bigger vessels?, and dependent on how long repairs will take.
@Obs
Some news i've been reading:
It's actually a bit lower than my estimate stated for the 170kt capesize vessels $37/t.
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"Capesize freight rates smash $50,000 per day as Brazil market nears selling out "
"sources have suggested that the bull run in freight rates could last just a few more days, as more ships ballast to the Atlantic."
"On Monday, an extra 27 cents was added to the Baltic's assessment of rates on the Brazil-to-China route for iron ore, which was put at $36.40 per tonne."
https://www.tradewindsnews.com/bulkers/capesize-freight-rates-smash-50-000-per-day-as-brazil-market-nears-selling-out/2-1-1056264
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"Offers were as high as $37 per tonne in the market on Monday for Brazil-China trips, a chartering source said."
"The freight rate for a Capesize ship to move 170,000 mt (plus/minus 10%) iron ore cargo from Tubarao to Qingdao was assessed Aug. 18 at $34/wmt, marking a decade high, and the highest since $37.50/mt assessed on May 14, 2010."
https://www.spglobal.com/platts/en/market-insights/latest-news/shipping/081921-dry-bulk-capesize-brazil-to-china-rate-at-decade-high-as-ship-supply-tightens
---
Indeed @EV. Out of interest where do you see the $40-$50 /tonne? This is a good link which corroborates the "This is because current shipping rates have increased dramatically", but only in terms of indices, not per tonne.
https://www.kline.co.jp/en/ir/finance/shipping.html
BHSI:Baltic Exchange Handysize Index
Mouse over the graph for the range of values. For example:
2020/12/11: $10,000 per day
2021/4/9: $17,462 per day
2021/8/20: $31,469 per day
Yes, possibly a win-win for Dev as presumably Dev employees are kept busy shipping Geralds ore whilst rates come down and Gerald's stockpile is getting shipped out so when we do ship there won't be so much contention over port utilisation.
Also bigger vessels (170kt) are closer to $40-$50 /tonne so if the private port (once refurbished) allows vessels of that size it would be far better economics.
Two more named ships for DEV on pier 2 - UT & L, but noting:
===[
At this point, DEV intends to continue to carry out these shipping activities for these third parties. This is because current shipping rates have increased dramatically (US$80-90 per tonne), which is reducing the profitability of shipping DEV's material. We believe that these rates should normalise over the medium term; therefore, the shipping of DEV's material will recommence at a later stage.
]===
This makes processing locally quite an attractive proposition!
GLOVIS MAGELLAN Tomoz @ 10:00
(Seabiscuit, Not for port Santana but being held in the overflow)
The Government of Amapá monitors yet another foreign ship anchored on the Amazon River, in Macapá, with at least two of the 21 crew members contaminated by the new coronavirus. The information was passed on to the State on Monday, 16, by the National Health Surveillance Agency (Anvisa).
Crew members have Filipino nationality. One of them died on the ship; another was referred for care in the capital and, after evaluation by the State Department of Health (Sesa), was admitted to the Covid-HU Center.
into COPL, no it's fossil fuels
Talking of Christmas, anyone else in COPL?
Another MD (U-boat) crew member just tested pos for covid.. Loading pushed back another 14 days??
mlq/ that costing is not to bad ==£266.000
@MLQ regarding the Rig maintenance, not sure if this helps you (old info):
IPIRANGA PRODUTOS DE PETROLEO requires the reserve of the amount of R $ 37,240.00 for the purpose of complying with the maintenance costs of the floating platform owned by the repossessor that were borne by the applicant
No not there @md:
are you the devil incarnate??
mlq/ you can see it all on facebook/ enjoy lol
As I said... Just digging around to find out who got the job.. as per kdnc's tweet.. photos were taken so was going to have a look on their website for others...