PARANA RIVER / EMILIO MITRE CHANNEL / MARTIN GARCIA CHANNEL: Navigation normal.

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1 Please find attached Parana River Ports max departure drafts for April 11th, 2014 Tdy s max sailing draft from: Santa Fe: 7.76 / 25' FW Diamante: 8.97 / 29' FW San Lorenzo: / FW (Except for: see attached berths) Rosario: / FW (Except for: see attached berths) Villa Constitucion: / FW (Except for: see attached berths) San Nicolás: / FW Ramallo: / FW San Pedro: 9.22 / 30'02'' FW Ibicuy: / 34' FW Lima / Las Palmas / Zarate: / 34'06'' FW Campana: 10,51 / 34'06'' FW (Except for: see attached berths) Water Density FW gr/cm3 Necochea: / 41' (Except for: see attached berths) *TEMPORARY REDUCTION OF THE ALLOWED DRAFT FM 43 BW UNTIL DREDGING COMPLETES BEGINNING OF MAY.* Water Density BW gr/cm3 Bahia Blanca: / (Except for: see attached berths) Water Density SW gr/cm3 Draft Forecast and Recommendation: Please consider that the max departure draft from upriver ports is expected in the range of 34'03'' by mid April, is expected to remain in this range until end of April, then increase a few inches to 34'06'' range by mid May. This forecast was done based on updated informations from the National Water Institute (INA and to be updated in weekly basis. Pilotage Chamber recommends arrival and/or departure draft not to exceed 34'06'' ft/fw in the navigation Escobar / Zona Comun / Recalada Pstn in order to minimize the time waiting for suitable tides and avoid the saturation of anchorages (check with us before fixing). PARANA RIVER / EMILIO MITRE CHANNEL / MARTIN GARCIA CHANNEL: Navigation normal. General Comments: See attached General Comments and usefull facts/informations about the above mentioned ports.

2 Will keep you informed. Best regards, Antares Servicios Maritimos S.A. As Agents Only Tel: (5411) Fax: (5411) TLX: ANTARS S (via Sweden) antares@antaresshipping.com.ar ISO9001 by Lloyd's Register QA

3 09'' 03'' 02'' 07'' Antares Servicios Maritimos S.A. Address: Bartolome Cruz rd floor - Of 'A' - B1636DVH Buenos Aires - Argentina Tel: Fax: antares@antaresshipping.com.ar - PARANA RIVER S DRAFTS Apr 11th, 2014 DEPTH OF THE RIVER PASSAGES (Mts): RIVER HEIGHTS (Mts): 9.59 SANTA FE/DIAMANTE Tragadero IGUAZU DIAMANTE/SAN MARTIN EP Paranacito / Tacuani CORRIENTES SAN MARTIN EP.Bella Vista / AB.Correntoso SANTA FE SAN MARTIN / SAN LORENZO Bella Vista DIAMANTE SAN LORENZO / ROSARIO Borghi SAN MARTIN ROSARIO EP C de los muelles / Borghi ROSARIO ROSARIO C. Muelles Puerto Rosario VILLA CONSTITUCION ROSARIO Alvear SAN NICOLAS ROSARIO Yaguaron RAMALLO SAN NICOLAS Abajo San Nicolas SAN PEDRO SAN NICOLAS Las Hermanas B.I SAN NICOLAS EP Los Ratones / Arriba obligado SAN NICOLAS Abajo Los Ratones SAN PEDRO EP. Bifurcacion / AB. Los Ratones PIE 25' 29' 34' 0' 33' PORTS & TERMINALS MAXIMUM SAILING DRAFTS PERMITTED BY COASTGUARD: MAX SAILING DRAFT SANTA FE PORT: MTS 25' FT FW DIAMANTE PORT: 8.97 MTS 29' FT FW SAN LORENZO PORT: Renova (****) MTS FT FW Dreyfus, Noble, Alianza G2, M. Alumbrera,Terminal 6 Resinfor & Quebracho: MTS FT FW Mosaic MTS 34' 09'' FT FW PASA 7.10 MTS 03'' FT FW Nidera, El Transito, Pampa & Dempa: MTS FT FW Chacabuco, PESA San Lzo, ACA, ICI, Vicentin & San Benito: MTS FT FW ROSARIO PORT: Unit III, Open Berths & Unit VI & VII: MTS FT FW (for discharge fertilizers at southern site is needed to use fenders to reach the draft at Port) Cargill V.G.G.: MTS FT FW Cargill Punta Alvear: MTS FT FW Dreyfus G. Lagos: MTS FT FW Dreyfus Veg-oil: MTS FT FW Toepfer MTS FT FW VILLA CONSTITUCIÓN PORT: Acindar: MTS 34' 03'' FT FW Elevator: MTS 33' FT FW SAN NICOLAS PORT: Puerto Nuevo Norte MTS FT FW Puerto Nuevo Centro MTS FT FW Puerto Nuevo Sur MTS FT FW Elevador MTS FT FW Aes Alicura MTS FT FW Siderar: MTS FT FW RAMALLO PORT: MTS FT FW SAN PEDRO PORT: 9.22 MTS 30' 02'' FT FW 30' IBICUY: MTS 34' FT FW 34' LIMA / LAS PALMAS / ZARATE: MTS 34' FT FW 34' CAMPANA: Siderca MTS 33' FT FW 33' Euroamerica A Berth MTS 34' FT FW 34' Depsa 8.84 MTS 29' FT FW 29' Exxon MTS 34' FT FW 34' Maripasa MTS 34' FT FW 34' Sol Petroleo 9.76 MTS 32' FT FW 32' Rhasa 9.76 MTS 32' FT FW 32' 30' 33' 22' 26' 30' 18' 28' 41' 41' 41' 36' 39' 42' 36' Tagsa 9.15 MTS 30' FT FW BUENOS AIRES (Dock Sud-Tanker berths) Terbasa (*) NOT OPERATIVE FOR GRAINS MTS 33' FT FW Flammable Basin (*)(***) 7.20 MTS 07'' FT FW Propaneros Basin (*) 7.00 MTS 22' FT FW South Dock Site 7 (*) 7.30 MTS FT FW LA PLATA Ypf (Fenders use is needed to reach the draft) (*) 7.93 MTS 26' FT FW Copetro (**) 9.15 MTS 30' FT FW Siderar Pto Rocca (**) 5.49 MTS 18' FT FW Berth 18/ MTS FT FW Berth MTS 28' FT FW NECOCHEA (TEMPORARY REDUCTION OF THE ALLOWED DRAFT FROM 43' BW UNTIL DREDGING COMPLETES BEGGINING OF MAY) Site 1(Open Berth) MTS 41' FT BW Site 3 (ACA Terminal) MTS 41' FT BW Site 4/5 (Quequen Terminal) MTS 41' FT BW Site 6 & MTS 36' FT BW Site MTS 39' FT BW BAHIA BLANCA (Average Tide 3,80/4,40m) UTE Terminal (**) MTS FT SW Cargill Terminal (**) MTS FT SW Site Nº 9 (**) MTS FT SW Terminal Patagonia Norte(**) MTS FT SW Galvan Pier 2/3 (*) MTS 42' FT SW Galvan Pier 5 (*) MTS 36' FT SW (*) High tide/naabsa Clause (**) High tide (***) Check with us before fixing (****) As per Caostguard disposition SLOR, RI6 Nº additional precautionary measures must be adopted when the departure draft exceeds 7,40m FW at Zero Tide.

4 FORTHCOMING NATIONAL HOLIDAYS: APRIL 18TH, HOLLY FRIDAY. RIVER PLATE / PARANA RIVER: PILOT STATIONS: RECALADA / MONTEVIDEO PILOT STATION IS OPEN SINCE APR 09 TH 2000HRS LT. ZONA COMUN PILOT STATION IS OPEN SINCE APR 10 TH 1800HRS LT. PLEASE NOTE CRITICAL POINTS TO BE CONSIDERED IN THE NAVIGATION FROM SANTA FE TO RECALADA PILOTS STATION: FYG, DEPTHS OF THE RIVER PASSAGES FROM SANTA FE TO SAN PEDRO AREA: IS A RESULT OF THE DEPTH AT ZERO TIDE + HYDROMETRIC HEIGHT. *THE HIDROMETRIC HEIGHTS ARE DAILY INFORMED AT 1000HRS ALONG WITH THE MAX DEPARTURE DRAFTS ALLOWED FROM UPRIVER PORTS. EFFECTIVE DEPTH ON APR 11 TH. RIVER PASSAGE. DENOMINATION. 9,59M SANTA FE / DIAMANTE TRAGADERO DEPTH AT ZERO RIVER HEIGHT/KM 6,00M KM 582,3 9,68M DIAMANTE / SAN MARTIN EP PARANACITO /TACUANI 5,70M KM 494,9 11,39M SAN MARTIN EP.BELLA VISTA/AB.CORRENTOSO 7,40M KM 470,5 12,70M SAN MARTIN/SAN LORENZO BELLA VISTA 8,70M KM 451,2 12,60M SAN LORENZO / ROSARIO BORGHI 8,70M KM 438,2 12,89M ROSARIO EP.C.DE LOS MUELLES / BORGHI 9,10M KM 428,6 12,68M ROSARIO CANAL MUELLES PUERTO ROSARIO 9,00M KM 417,7 12,26M ROSARIO ALVEAR 8,70M KM 407,5 12,40M ROSARIO YAGUARON 9,60M KM 353,4 12,11M SAN NICOLAS ABAJO SAN NICOLAS 9,40M KM 343,2 12,11M SAN NICOLAS LAS HERMANAS B.I. 9,60M KM 321,3 11,87M SAN NICOLAS EP LOS RATONES/ARRIBA OBLIGADO 9,50M KM 307,9 12,25M SAN NICOLAS ABAJO LOS RATONES 10,10M KM 287,8 12,52M SAN PEDRO EP.BIFURCACION/AB.LOS RATONES 10,50M KM 273, DEPTHS OF THE RIVER PASSAGES FROM SAN PEDRO AREA TO RECALADA PSTN: IS A RESULT OF THE DEPTH AT ZERO TIDE + TIDE. *THE RIVER TIDES ARE INFORMED BY COASTGUARD EVERY HOUR. RIVER PASSAGE. DENOMINATION. DEPTH AT ZERO TIDE/KM ESCOBAR / ZONA COMUN CANAL ING EMILIO MITRE 10,60M KM 13,0 ZONA COMUN / RECALADA PASO BANCO CHICO 10,70M KM 75,4 ZONA COMUN / RECALADA CANAL INTERMEDIO 10,90M KM 99,3 ZONA COMUN / RECALADA CANAL PUNTA INDIO 10,90M KM 190,7 - PLS ENTER BELOW LINK TO SEE THE UPDATED CRITICAL POINTS, DEPTHS AT ZERO, EFFECTIVE DEPTHS, HYDROMETRIC HEIGHTS AND DREDGES WORKING. - PLEASE ENTER BELOW LINK TO SEE THE TIDE TABLES: *CANAL PUNTA INDIO (TORRE OYARBIDE): ZONA COMUN / RECALADA *PUERTO BUENOS AIRES: ESCOBAR / ZONA COMUN WITH WINDS FROM N-NW-W TIDES WOULD BE LOWER. WITH WINDS FROM S-SE-E TIDES WOULD BE HIGHER. C- COASTGUARD RULES FOR SAFETY UKC MARGIN: DRAFT 10.36M UKC 0.60M DRAFT 10.51M UKC 0.75M DRAFT 10.67M UKC 0.91M WITH DRAFTS EXCEEDING 34 FEET (10.36M) THE UKC SHALL PROGRESSIVELY INCREASE. ONE CERTIMETER

5 UKC SHALL BE ADDED FOR EACH CENTIMETER OF DRAFT BEYOND 34 FEET UPTO 35 FEET (10.67M). WITH DRAFTS OVER 35 FEET THE UKC SHALL BE 0.91M. D- MARTIN GARCIA CHANNEL, REGULATION IN FORCE AS FROM JAN 01 ST, 2006: VESSELS WITH LOA 245M AND/OR BEAM 32M AND UPTO LOA 277M AND 44M BEAM CAN NAVIGATE THIS CHANNEL WITH FOLLOWING RESTRICTIONS: LOA BEAM MAX DRAFT FT FW OVER 230M UPTO 245M UPTO 32.6M OVER 245M UPTO 255M UPTO 32.6M OVER 245M UPTO 255M OVER 32.6M UPTO 35.0M OVER 255M UPTO 266M OVER 35.0M UPTO 41.0M OVER 266M UPTO 277M OVER 41.0M UPTO 44.0M EMILIO MITRE CHANNEL, MAX PERMISSIBLE LOA IS 230M WHEN THIS MAX LOA IS EXCEEDED SHIPS CAN PROVEED UP/DOWNRIVER VIA MARTIN GARCIA CHANNEL. E- COASTGUARD S AUTHORIZATION TO ENTER/NAVIGATE THE RIVER PLATE: DURING GRAIN EXPORT SEASON THE AUTHORIZATION TO ENTER/NAVIGATE THE RIVER PLATE AND PARANA RIVER FOR SHIPS TO LOAD GRAINS OR BYPRODUCTS IS SUBJECT TO THE WRITTEN AUTHORIZATION FROM THE CORRESPONDING LOADPORT/TERMINAL AND COASTGAURD. THIS MEASURE IS TO REDUCE CONGESTION AT ROADS/ANCHORAGES. PERMITS ARE GRANTED ON BASIS OG CARGO AVAILABILITY AND ARRIVAL DATE. F- GNL GAS CARRIER SHIPS CALLING ESCOBAR PORT: HAVE CHANNEL RESERVE FROM RECALADA TO ZONA COMUN (A 4 HOURS NAVIGATION FROM PUNTA INDIO CHANNEL PAR 30 TO KM 216); ALSO FROM ZONA COMUN TO ESCOBAR (A 4 HOURS NAVIGATION FROM PARANA DE LAS PALMAS KM 57,600 TO BUENOS AIRES PORT ACCESS CHANNEL KM 25) THAT AFFECTS ALL SHIPS NAVIGATING OUTBOUND THE PARANA DE LAS PALMAS RIVER, EMILIO MITRE CHANNEL AND BUENOS AIRES PORT ACCESS CHANNEL). AND VICEVERSA. G- AS INFORMED BY COASTGUARD IN SEVERAL OCATIONS PLEASE NOTE THAT A NEW BULLETIN DATED SEPTEMBER 05 TH, 2013, WAS ISSUED BY SAN LORENZO COASTGUARD TO REMIND THE MARITIME AGENCIES THAT ANY OPERATION OF BUNKER SUPPLY, SLOP/SLUDGE DISPOSAL, FRESH WATER SUPPLY, PROVISIONS AND/OR SPARE PARTS MUST BE PERFORMED UPON ARRIVAL TO PORT ROADS AND BEFORE BERTHING. THIS REQUEST ("RECOMMENDATION") IS DONE IN ORDER TO PRESERV THE SAFE NAVIGATION, AND TO AVOID UNNECESARY CONGESTION OF THE ANCHORAGES WITH HEAVY DRAFTED SHIPS AFTER THEIR COMMERCIAL OBLIGATIONS CONCLUDED. FYG, THE PORT IS EXPERIENCING CONSTANT IMPROVEMENTS, MAINTENANCE OF EQUIPMENTS, INFRAESTRUCTURE, CHANNELS, CONSTRUCTION OF NEW TERMINALS, ETC. H- SEE BELOW: TUGBOATS SERVICE / S.O.M.U. / ITF I- SEE BELOW: DRAFT SURVEY BY CUSTOMS AUTHORITIES AT... J- SAN LORENZO PORT - TIMBUES - RENOVA S.A. TERMINAL - MAX DRAFT (DISP SLOR, RI6 Nº105-13) PLEASE NOTE THAT AS FROM OCTOBER 22ND, 2013, SAN LORENZO COASTGUARD OFFICIALLY INFORMED THAT THE SHIP'S BERTHING AND UNBERTHING WITH DRAFTS OVER 7,40M AT ZERO TIDE AT TIMBUES RENOVA S.A. TERMINAL MUST ADOPT ADDITIONAL PRECAUTIONARY MEASURES. SAME TO BE CORRECTED TO THE WATER LEVEL AND THE UKC (UNDER KEEL CLEARANCE) OF 0,60 METERS. THIS TEMPORARY RULE WAS TAKEN AFTER BATHYMETRY WAS DONE AT THIS TERMINAL MANEUVERING AREA. A SANDBANK WITH DEPTH OF 7,40M (24'03'') AT ZERO TIDE/WATER LEVEL WAS FOUND AT ABT 250MTS OFF THE BERTH. TUGBOATS SERVICE / S.O.M.U. / ITF PLEASE NOTE THAT THE S.O.M.U. (SEAMEN UNION) INFORMED THAT TOWAGE SERVICES WILL BE PROVIDED ONLY TO SHIPS THAT HAVE THE ITF (INTERNATIONAL SEAMEN WORKERS FEDERATION) COVERAGE.

6 AGENCIES ATTENDING SHIPS CALLING PORTS WHERE TUGBOATS ARE COMPULSORY WILL BE ASKED BY THE UNION TO PRESENT SCANNED COPY OF THE SPECIAL AGREEMENT AND THE BLUE CARD (OR GREEN OR YELLOW). OTHERWISE THE SERVICE IS NOT RENDERED. THE USE OF TUGBOATS IS COMPULSORY AT FOLLOWING PORTS/TERMINAL: - SAN LORENZO: DEPARTURE/DOWNRIVER TURN FOR SHIPS WITH LOA OVER 185 METERS CALLING NIDERA, EL TRANSITO, PAMPA AND/OR DEMPA TERMINALS. ALSO VICENTIN, ACA AND SAN BENITO WHEN THE SOUTH ANCHORAGE / MANEUVERING AREA IS CONGESTED. - SAN NICOLAS: NEW PORT FOR SHIPS WITH LOA OVER 200 METERS. AND AES ALICURA WITH LOA OVER 180 METERS AND/OR DRAFT OVER 9 METERS. - VILLA CONSTITUCION - CAMPANA: FOR SHIPS WITH LOA OVER 157 METERS TO TURN DOWNRIVER. BUT CAN BE AVOIDED BY NAVIGATING ABT TWO HOURS WITH TWO PILOTS UPRIVER AND TURN AT KM BUENOS AIRES - DOCK SUD - LA PLATA - NECOCHEA - BAHIA BLANCA AS FROM APRIL 16TH, 2012, TUGBOATS SAILORS UNION ARE PERFORMING A BOYCOTT TO BRITISH INTERESTS BY DELAYING THE BERTHING AND UNBERTHING OF THE SHIPS WITH FLAG OF UNITED KINGDOM, ANTIGUA & BARBUDA, GIBRALTAR, BERMUDAS, CAYMAN ISLAND, MALTA AND ISLE OF MAN. DRAFT SURVEY BY CUSTOMS AUTHORITIES AT UPRIVER PORTS, NECOCHEA AND BAHIA BLANCA: AS FROM JULY 26TH, 2013, CUSTOMS HOUSE IS PERFORMING AGAIN DRAFT SURVEYS TO DETERMINE THE OFFICIAL QUANTITIES EXPORTED AND APPLY THE CORRESPONDING TAXES TO THE EXPORTERS. DRAFT SURVEY IS DONE PER EACH EXPORT PERMIT, CAUSING DELAYS TO THE LOADING OPERATIONS. AT BAHIA BLANCA PORT THE OFFICIAL EXPORTED FUGIRES REMAINS BEING DETERMINED BY SHORE SCALE FIGURES. AT ROSARIO THE OFFICIAL EXPORTED FIGURES ARE AS PER CUSTOMS DRAFT SURVEYS. AT SAN LORENZO AND NECOCHEA PORTS WHEN THE DIFFERENCE BETWEEN SHORE SCALE AND CUSTOMS DRAFT SURVEY IS LESS THAN 0.6 PERCENT SHIPPERS HAVE THE OPTION TO CHOOSE WHICH FIGURES TO APPLY, BUT WHEN THE DIFFERENCE EXCEEDS 0.6 PERCENT THE OFFICIAL EXPORTED QUANTITY WILL BE AS PER CUSTOMS DRAFT SURVEY FIGURES. NECOCHEA PORT: SEE ABOVE: TUGBOATS SERVICE / S.O.M.U. / ITF SEE ABOVE: DRAFT SURVEY BY CUSTOMS AUTHORITIES AT... C- SHIPS FLAGS WHICH S.O.M.U. CONSIDERS THAT ARE CONNECTED TO BRITISH INTERESTS CONTINUE SUFFERING WAITING OF ABOUT 6 HOURS FOR TOWAGE SERVICES. FOLLOWING COUNTRIES FLAGS INCLUDED: BRITISH, MALTA, GIBRALTAR, MARSHALL ISLANDS, CAYMAN ISLANDS, BERMUDA AND ISLE OF MAN. D- AS FROM MAY 15 TH 2010 TUGBOATS SEAMEN S UNION (S.O.M.U.) WORK-TO-RULE, ARE WORKING 12 HOURS STRAIGHT TIME PER DAY, WHICH STARTS TO COUNT AS FROM THE FIRST SERVICE RENDERED DURING THE DAY. THIS COULD AFFECT THE AVAILABILITY AND USE OF TUGBOATS AND CAUSE DELAYS. E- PLEASE NOTE THAT DUE TO LACK OF MAINTENANCE OF THE DEPTH OF THE CHANNEL A TEMPORARY REDUCTION OF THE MAXIMUM ALLOWED DRAFT WAS AGREED BY THE LOCAL AUTHORITIES/PORT ADMINISTRATION AND PILOTS. THERE IS NO OFFICIAL COMMUNICATION YET, BUT IT IS STRONGLY SUGGESTED THAT PANAMAX VESSELS OF LOA OVER 200M DO NOT EXCEEL 12.50M BW (INSTEAD OF THE USUAL 13.10M). PORT ADMINISTRATION IS MAKING THE NECESSARY ARRANGEMENTS TO BRING A DREDGER ON ABT APRIL 20 TH TO RESTORE THE PREVIOUS CONDITIONS. DREDGING IS EXPECTED TO LAST 15 DAYS. F- AS FROM 1200HRS LT APRIL 09 TH, 2014, SEAMEN UNION "S.O.M.U." INFORMED THAT THE TOWAGE SERVICE WILL BE GRANTED WITH 8 HOURS DELAY (AFTER PILOT IS ON BOARD) TO SHIPS PROCEEDING FROM SAN

7 MARTIN/SAN LORENZO/SAN NICOLAS PORTS. THIS DELAY WILL BE IMPOSED DURING THE ENTRANCE AND DEPARTURE MANEUVERS. THIS ACTION IS DUE TO A CONFLICT BETWEEN THE S.O.M.U. AND THE GENERAL WORKERS UNION "C.G.T" UPRIVER AND THEIR REPRESENTATION OF THE MOORING BOATS CREW. BAHIA BLANCA PORT: SEE ABOVE: TUGBOATS SERVICE / S.O.M.U. / ITF SEE ABOVE: DRAFT SURVEY BY CUSTOMS AUTHORITIES AT... C- PLEASE NOTE THAT IN/OUT MANEUVERINGS ARE NOT AFFECTED ANYMORE BY ACTIVITIES OF DREDGER. D- GNL GAS CARRIER SHIPS: HAVE ACCESS CHANNEL RESERVE WHEN BERTHING AND UNBERTHING AT MEGA TERMINAL. SHIPS MANEUVERS ARE DELAYED SINCE ARE ALLOWED DURING TWO PERIODS OF TIME PER DAY (SLACK TIDES). WHILE A GASCARRIER IS ALONGSIDE THE GNL EXPRESS AT MEGA TERMINAL THE SHIPS OVER 150M LOA AT LDC AND GALVAN PORT (PIER 1/2, PIER 2/3 GLENCORE/MORENO, PIER 5) ARE RESTRICTED TO BERTH OR UNBERTH. *THIS RESTRICTION IS EXPECTED TO BE LIFTED, DUE TO THE DREDGING DEEPENING AND WIDENING OF THE NAVIGATION CHANNEL CONCLUDED ON SEP 28TH, 2013* FYG, LINE UP OF LPG FEEDER WITH CHANNEL RESERV: REGAS CAMPAIGN VESSEL EXPRESS ALONGSIDE BRITISH MERCHANT AT ROADS ETB TBC ETS TBC METHANE SPIRIT ETA ETB TBC ETS TBC E- FROM MAY TO SEP 28TH, 2013, DREDGING TOOK PLACE AT BAHIA BLANCA PORT, DEEPENING AND WIDENING OF THE NAVIGATION CHANNEL. IT IS EXPECTED THAT THE MAX ALLOWED DRAFT GO FROM SW (13,75M) TO 50' SW (15,24M), AND THE TWO DAILY PERIODS OF TIME FOR IN/OUT MANEUVERS (TIDES) FOR HEAVY DRAFTED SHIPS INCREASE IN ABT 2 HOURS ALLOWING A DIRECT NAVIGATION FROM BERTH TO OPEN SEA, WITHOUT THE NEED TO AWAIT AT BOUYS 17 OR 11 FOR ANOTHER TIDE. THE CRITICAL POINT OF DEPTH AT ZERO TIDE IS LOCATED IN THE MAIN CHANNEL. WE WILL REVERT WITH OFFICAL NEWS FROM COASTGUARD AND PORT ADMINISTRATION. F- PLEASE NOTE THAT THE PORT ADMINISTRATION OF BAHIA BLANCA PORT CONFIRMED THAT AS FROM APRIL 01 ST, 2014, THE TARIFF OF PORT DUES AND CHANNEL TOLLS WILL INCREASE TO: USD 1,50/MT - CHANNEL TOLLS (INCLUDING ADDITIONAL SURCHARGE). TTL INCREASE OF 50% USD 0,37/NRT PORT DUES. SAME TARIFF FOR EVERY TYPE OF OPERATION. TTL INCREASE OF 70% USD 0,70/MT CHARGED TO SHIPPERS/EXPORTERS. TTL INCREASE OF 130% FOR LIQUID CARGOES AND OF 24% FOR SOLID BULKS. IT IS ALSO BEING ANALIZED TO APPLY A CHARGE FOR PERMANENCE AT THE ANCHORAGES WHEN SHIPS PERFORMING BUNKER SUPPLIES. A CHARGE PER DAY OF USD 0,27/NRT.