Parana River Low Waters - Update

UK Club Correspondents P&I Liquidadores S.R.L. have provided the below Circular regarding the critically low water levels in the Parana river. It is noted that:

'whilst there was small improvement since June 2020, the situation remains critical and the forecasts do not anticipate for any relevant improvements soon.

The rainfalls relevant to the Parana River basin are still expected to be ‘deficient’ during the last quarter of the year. The rainfalls are one of the main factors affecting the height of the water in the Parana River. Therefore, neither of the forecasts issued by the National Weather Service (SMN) nor the National Institute of Water (INA) foresee any relevant improvement soon.'

The full Circular can be downloaded below. 

Should you have any questions please get in touch with your usual contact at the Club who will be pleased to assist you.