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22.01.2014

TEMPORARY REDUCTION ON THE DRAFTS OF THE ACCESS CANAL OF SANTOS HARBOR

As per fresh announcement by local ruling Port Authorities i.e. DOCK Co. (CODESP) and HARBOR MASTER, the drafts of the access canal of Santos port will suffer a temporary reduction as follows:

- Low tide = 12,30 m. (at zero level) / High tide = 13,30 m (at level of 1 meter).

Useful to point out that such temporary reduction resulting from the necessity of maintenance on the first section i.e. n. 1 of the access canal drafts.

According to CODESP, the necessary measures are already being taken from their side in order to try to resolve at least the most critical points where reduction of the draft have been observed. Such scope of the job shall last for approximately 15 days, AGW. Upon its conclusion, a new bathymetry will be conducted in order to evaluate the outcome of such operation for final results so as to define the viability of returning to the previous original drafts.

We will be following-up the above closely!

Dock Co.