By Hugh Bronstein and Maximilian Heath BUENOS AIRES, May 28 (Reuters) - Shallow water in Argentina's Parana River will slow exports from the grains powerhouse and hurt the country's soy crushing margins at least through September, officials said, as more cargo ships are needed to carry the same amount of commodities. Drought has pushed the Parana to its lowest level in … [Read more...]
Riverbank Collapse Disrupts Shipping on Argentina’s Parana River
By Lucila Sigal BUENOS AIRES, May 10 (Reuters) - Ships transporting cargo from Argentina's Rosario grain hub through the Parana River are having to reduce their cargoes after a bank collapse obstructed the navigation channel, exporters told Reuters. Dredgers are working in the Parana to the south of the Rosario complex to try to restore the necessary depth of water for … [Read more...]
Spoils of Trade War: Argentina Loads Up On Cheap U.S. Soybean
By Hugh Bronstein and Karl Plume BUENOS AIRES/CHICAGO, Nov 30 (Reuters) - A ship named the Torrent is nearing the end of a 5,000-mile trip carrying soybeans from the U.S. Great Lakes to Argentina - a journey that only makes economic sense because of the U.S.-China trade war. The ship is scheduled to dock in the Rosario grains hub on Dec. 4, days after the leaders of the … [Read more...]
Ship Runs Aground Causing Delays on Argentina’s Parana River Near Rosario
By Maximilian Heath BUENOS AIRES, May 4 (Reuters) - Around 60 ships faced delays on Friday near Argentina's grains hub of Rosario after a vessel on the Parana River ran aground and blocked passage downriver towards the Atlantic Ocean, the head of Argentina's Chamber of Port and Maritime Activity said. The cargo ship, contracted by Glencore and en route to Australia, was … [Read more...]
Ship Queue Grows as Truck Strike Slows Argentina Grain Exports
BUENOS AIRES, Feb 9 (Reuters) - Some 93 cargo ships were waiting to load soy and corn from Argentina's main exporting hub of Rosario on Friday, more than a week into a truck owners strike, the spokesman for an industry group said. That was up from just over 60 on Thursday, said Andres Alcarez, spokesman for export company chamber CIARA-CEC. Truck owners went on strike … [Read more...]