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Montevideo, September 21st 2024 - 09:02 UTC

Investments

  • Tuesday, June 25th 2024 - 10:28 UTC

    Paraguay's shipping business needs Paraná River dredged as soon as possible

    Some 9,000 people work in Paraguay's river shipping business

    Paraguay's Congress will be asked to declare a hydrological emergency in the Paraná River to speed up dredging after members of the Paraná Joint Commission (Comip) discussed the hydro-climatological last week and agreed on the next actions, Merchant Marine Director Patricio Ortega explained in Asunción.

  • Thursday, June 20th 2024 - 15:55 UTC

    Falklands: Consultation to begin on Sea Lion offshore oil development, north of the Islands

    A Floating Production Storage and Offloading vessel (FPSO), so common offshore Brazil's Petrobras operations, would be operational at Sea Lion Filed

    Following an extraordinary sitting of Executive Council on Monday 17 June, the Falkland Islands Government has agreed that there will be a public consultation from Monday 24 June to Monday 5 August 2024, on the Environmental Impact Statement for the Sea Lion Field Northern Development Area, Phase 1 and 2, which has been submitted by Navitas Petroleum Development and Production Limited.

  • Wednesday, June 19th 2024 - 09:41 UTC

    Uruguay takes delivery of South Korean-built patrol boat

    The ROU 10 Huracán is to be ferried to Montevideo aboard a merchant ship

    During a ceremony earlier this week at the South Korean Jinhae Naval Base, Uruguay's Navy took delivery of the Chamsuri class ROU 10 Huracán patrol vessel donated by the hosting country. The handover resulted from negotiations undertaken last year by then-Defense Minister Javier García to strengthen the South American country's capabilities to participate in United Nations Peacekeeping Operations as the main focus. South Korea has recently transferred other units to the Navies of Peru and Colombia.

  • Monday, June 17th 2024 - 09:46 UTC

    Uruguay better equipped in case of new drought

    Uruguay is better prepared this time around, Bouvier noted

    Uruguayan authorities are adopting contingency measures in case a new drought comes about in September as the La Niña phenomenon has been forecast to be bringing along a significant decrease in rainfall, it was reported in Montevideo.

  • Friday, June 14th 2024 - 08:10 UTC

    Falklands delegation in US to address decolonization Committee 18th June

    MLA Teslyn Barkman shakes hands with Mario Díaz-Balart, Republican Representative, 26th district Florida, members of the Appropriations Committee

    The Falkland Islands Legislative Assembly is pleased to share that MLAs Teslyn Barkman and Gavin Short have been in Washington D.C as part of a small Falklands Delegation since Sunday, June 9th, ahead of the UN Committee of 24 on Decolonization on the 18th of June.

  • Thursday, June 13th 2024 - 10:21 UTC

    Falklands, survey shows support for draft Energy Strategy and Implementation Plan

    Falklands are quite innovative in renewable and sustainable energy solutions, with some 40% generated at a wind farm to be expanded to further satisfy demand from Stanley and MPC

    From December 2023 to February 2024, the Falkland Islands Environment Department held a public consultation on the draft Energy Strategy and Implementation Plan. In total, 57 surveys were returned, and further comments were collected through public meetings and sessions with Stakeholders in Stanley and West Falkland.

  • Thursday, June 13th 2024 - 09:55 UTC

    Wreck of Quest, Shackleton's last ship, found 390 meters deep off Labrador

    The Norwegian-built Quest was a schooner-rigged steamship, and Shackleton bought it specifically to travel to Canada’s High Arctic

    The Royal Canadian Geographical Society is reporting that an international team has found the wreck of the last ship belonging to Antarctic explorer Sir Ernest Shackleton, off the coast of Labrador in Canada, 62 years after it went missing.

  • Saturday, June 1st 2024 - 09:38 UTC

    Chinese mega port in Peru expected to become operational in first quarter of 2025

    “The plan is to inaugurate in November and begin receiving vessels between January, February March next year. Construction has not halted at any point” said Alonso Guinand

    Chinese investors who have poured millions of dollars into the Chancay mega-port on the coast of Peru, along the Pacific basin and which hopefully in the near future will have land connections to Latin America's largest economy,

  • Monday, May 27th 2024 - 08:28 UTC

    Port of Montevideo ICSID case: President Lacalle pledges to defend national interests

    Some port users were privileged back in the day, Lacalle argued

    Uruguayan President Luis Lacalle Pou called for “sustaining the largest port investment in history” and pledged to “watch over the national interest” in the US$ 600 million lawsuit filed by Montecon before the International Center for Settlement of Investment Disputes (ICSID) for alleged “anti-competitive practices” in the Port of Montevideo.

  • Saturday, May 25th 2024 - 10:52 UTC

    Azul and Gol launch codeshare partnership

    “This type of commercial agreement already exists between other national and international airlines around the world,” Costa Filho  explained

    Brazilian carriers Azul and Gol announced an agreement whereby each company could sell seats on codeshare domestic flights solely operated by the other, Agencia Brasil reported Friday. The understanding will become effective next month, it was also explained. Routes on which both companies compete directly are excluded.