Current Edition

Current Edition
Wednesday, August 27th 2014 - 20:13 UTC

South Georgia expecting 64 cruise vessel calls this coming season

Bark Europa with 40 pax, will be the smallest cruise to visit South Georgia and the largest the 450-passenger Seabourn Quest.

The number of cruise ship visits to South Georgia is set to increase by at least 10% in the forthcoming 2014/15 season, according to the July edition of the South Georgia Newsletter.

Wednesday, August 27th 2014 - 17:54 UTC

Royal Navy frigate sails World Cup Trophy into Cape Town

HMS Iron Duke sailed into Cape Town carrying the Rugby World Cup Trophy, ahead of next year's event in the UK

A British warship has proudly sailed into Cape Town carrying the Rugby World Cup Trophy – ahead of next year’s event being held in the UK. Even thick rain clouds could not prevent HMS Iron Duke displaying the gold of the Web Ellis Trophy on her deck as she arrived in the South African city for a short visit.

Wednesday, August 27th 2014 - 07:20 UTC

Mary Maersk sets new record: 17.603 TEU containers, but few ports can receive her

The third vessel in the Triple-E series, Mary Maersk has a nominal capacity of 18,270 TEU, but so far that capacity has not been fully utilized.

A record has been set with a Triple-E vessel carrying the highest ever number of containers between Europe and Asia. Mary Maersk left Algeciras, Spain, on its eastward journey bound for Tanjung Pelepas, Malaysia with no less than 17,603 twenty-foot equivalent units (TEU), the highest number ever loaded on a vessel.

Wednesday, August 27th 2014 - 07:12 UTC

Controversy in Punta Arenas on servicing cruise vessels this coming season

According to Punta Arenas port company, 103 cruise vessels will be calling this coming September/April season

Controversy has erupted in Punta Arenas as to the consequences for the cruise season of the damage suffered by the Mardones jetty after a container vessel crashed into its structure.

Wednesday, August 27th 2014 - 06:51 UTC

Argentina and Chile navies in confidence building exercises in Beagle Channel

The exercise identified as “Viekaren” are held annually since both countries put an end to the dispute over Beagle waters and islands

Argentina and Chile announced on Monday the launching of the annual naval exercise known as “Viekaren” (confidence in Yamana language) in the extreme south of the continent where the two countries territorial waters meet.

Wednesday, August 27th 2014 - 06:42 UTC

Singer recruits former Secretary of State Albright for its dispute with Argentina

Ms Albright worked with president Bill Clinton. Her partner and co-chair is Gutierrez, a former Commerce Secretary with president Bush

Billionaire Paul Singer, founder and CEO of hedge fund Elliott Management Corporation has picked up some major political muscle to press his case in the long-running debt battle with Argentina, reports the New York Post.

Wednesday, August 27th 2014 - 06:33 UTC

Argentina revokes BONY authorization to operate and act as trustee

Resolution 437/2014 signed by central bank President Fabrega and Superintendent Belmonte, is based on BoNY’s “non-fulfillment of the contract”

Argentina's Cabinet Chief Jorge Capitanich confirmed that the country's Office of the Superintendent of Financial and Exchange Institutions has revoked the authorization for the bank of New York Mellon to operate in Argentina.

Wednesday, August 27th 2014 - 06:24 UTC

Former Colombian president becomes Unasur new secretary general

Samper said he was committed to bolstering democracy, reducing social inequality, support for science and technology and increasing security.

Former Colombian president Ernesto Samper was confirmed as Unasur Secretary General following a consultation of the group's member countries presidents. The announcement had been delayed because a Union of South American Nations summit to be held in Montevideo this month was suspended.

Wednesday, August 27th 2014 - 06:11 UTC

Some 200 million people remain vulnerable in Latam despite lesser poverty

“The pace of social and economic progress is slower now than it has been in the past decade” according to Ms Jessica Faieta

More than 56 million people have been lifted out of poverty in Latin America and the Caribbean in recent years, according to the United Nations Development Program (UNDP). But despite the progress, it warned that some 200m people, or 37.8% of the population, remained vulnerable.

Wednesday, August 27th 2014 - 06:07 UTC

As confidence vanishes, US dollar in Argentina breaks new record: 14.20 Pesos

Minister Kicillof and orthodox banker Fabrega have different approach to economic policy

Despite appeals to national unity from president Cristina Fernandez, the US dollar, Argentina's best test for confidence, climbed 22 cents to a new record in the informal market at the end of Tuesday's trading: 14.20 Pesos.

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