Dear Sirs,

Please note that today at KM 388,9 of Parana River - Paso Paraguayo crumble.

Dredger CABEZA DE VACA is on the way to the area. Expecting to start dredging operations in 1 hour, intention to work all night and they expect in between 24 to 36 hours recover the actual sailing draft.

We will keep you all informed.

Best regards