By Hugh Bronstein ROSARIO, Argentina, Feb 16 (Reuters) - When a boat carrying soy oil destined for India ran aground on the Parana River near Buenos Aires in late January, ships loaded with most of Argentina's grains exports were blocked for hours. It was the latest accident on one of the world's great food highways, which is straining to carry rising volumes of Argentine … [Read more...]
Argentine Navy Ship Damaged in Collision With Tanker
An Argentine Navy patrol ship has been damaged after dragging anchor and colliding with a tanker in strong winds near the Puerto Belgrano Naval Base in Argentina. Local media reports that the incident occurred Tuesday night when the fisheries patrol ship ARA Esporta, anchored in the outer harbor of the naval base, began dragging anchor in high winds, eventually … [Read more...]
Argentina Coast Guard Chases, Sinks Chinese Fishing Vessel
BUENOS AIRES, March 15 (Reuters) - Argentina's coast guard has sunk a Chinese trawler that was fishing illegally within its territorial waters, the coast guard said on Tuesday, marking a first test for relations between President Mauricio Macri and Beijing. A coast guard vessel pursued the fishing vessel Lu Yan Yuan Yu 010 toward international waters in a high-seas chase on … [Read more...]
Cameron “Robustly Defended” Britain’s Ownership Of Falkland Islands
(Bloomberg) U.K. Prime Minister David Cameron and Argentinian President Cristina Fernandez de Kirchner asserted their countries rights to the Falkland Islands as they traded diplomatic barbs across the Atlantic Ocean. Cameron said he had “robustly defended” Britain’s ownership of the islands at an EU-Latin America summit in Brussels, while Fernandez used a speech in Buenos … [Read more...]
LNG Carriers Line Up Off Argentina as Energy Demand Misjudged
By Pablo Gonzalez, Charlie Devereux and Chou Hui Hong Oct. 7 (Bloomberg) -- Ships loaded with liquefied natural gas are lining up off the coast of Argentina after the government overshot winter orders, with a lack of storage facilities forcing the nation to pay daily fees to each vessel. The Polar Spirit, Iberica Knutsen and Arctic Spirit -- scheduled to unload gas … [Read more...]
Argentina’s Largest Grain Export Port Faces Week-Long Bottleneck After Grounding
By Pablo Gonzalez March 13 (Bloomberg) -- Argentina’s largest grain exporting port in Rosario could remain blocked for about a week after a ship ran aground in the main channel of the Parana River, the Port and Maritime Chamber manager said. The delay to shipments of 18 vessels could be costing a total of about $450,000 a day or $3.2 million for a week, according to Port … [Read more...]
Total to Lead $1.2 Billion Gas Exploration Project off Tierra Del Fuego
Oct. 24 (Bloomberg) -- Total SA, Europe’s second most valuable energy company, will lead a $1.2 billion project to produce natural gas off the coast of Tierra del Fuego in southern Argentina. In partnership with Wintershall AG and Pan American Energy LLC, Paris-based Total will drill as deep as 5.5 kilometers (3.4 miles) in the Vega Pleyade field, Javier Rielo, who … [Read more...]