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Montevideo, July 4th 2025 - 11:23 UTC

Investments

  • Friday, June 6th 2025 - 10:59 UTC

    Historic polar ship SS Terra Nova revisited in first-ever wreck survey

    Video Pictures show the deep sea surveillance of Terra Nova done from the state of the art yacht My Legend.

    An expedition led by the motor yacht MY Legend has completed the first visual survey of the wreck of the SS Terra Nova, offering new insight into one of the most emblematic ships of polar exploration. Located off the coast of Greenland, the wreck was first discovered in 2012, nearly 70 years after the ship sank during World War II.

  • Wednesday, June 4th 2025 - 14:44 UTC

    Falkland Islands welcome UK’s strategic defence review and ongoing security commitment

    Photo: BFSAI

    The Falkland Islands Legislative Assembly has welcomed the UK Government’s newly released Strategic Defence Review, highlighting it as a key affirmation of Britain’s enduring defence obligations toward its Overseas Territories.

  • Wednesday, June 4th 2025 - 10:25 UTC

    Significant growth in Paraguayan exports reported

    Brazil accounted for 99% of Paraguay's wheat shipments

    Paraguayan exports have recorded significant improvements this year, according to reports released in Asunción this week.

  • Tuesday, June 3rd 2025 - 08:14 UTC

    Paraguayan and Argentine officials discuss gas pipeline project to feed Brazil

    Argentina has surpassed Brazil as the main destination for Paraguayan exports, Ambassador Felip Salazar highlighted

    Paraguayan Ambassador Helena Concepción Felip Salazar and Asunción's Vice-Minister of Mines and Energy Mauricio Bejarano met in Buenos Aires with Argentina's Energy Secretary María Tettamanti to advance discussions on a bioceanic gas pipeline project. The talks focused on drafting a memorandum of understanding and outlining steps for gas integration between the two nations.

  • Friday, May 30th 2025 - 10:06 UTC

    Lula announces port of Itajaí's expansion

    We want to raise the standard of living of the Brazilian people, Lula said

    Brazilian President Luiz Inácio Lula da Silva announced Thursday a R$ 844 million (US$ 148 million) investment to modernize and expand the Port of Itajaí in the southern State of Santa Catarina, under federal management since January 2025. The funds aim to enhance safety and logistical efficiency, increase port capacity to boost cargo handling, create jobs, and strengthen the local economy

  • Wednesday, May 28th 2025 - 10:56 UTC

    Peru joins railroad project to Chancay to boost Chinese trade

    Viana insisted that the railroad was an alternative to the Panama Canal

    Peru has joined Brazil and China's transcontinental railroad project to connect the Pacific coast with the Atlantic Ocean across South America, offering an alternative trade route to the Panama Canal. This railway aims to facilitate the transport of Brazilian goods, such as soybeans and minerals, to China’s Shanghai port via Peru’s Chancay port, reducing maritime trade distance by about 10,000 km and easing reliance on Brazil’s congested Santos port.

  • Tuesday, May 27th 2025 - 20:17 UTC

    North Sea FPSO extension clears path for potential redeployment to Falklands

    The Aoka Mizu FPSO has been a key asset in the UK North Sea and is the preferred production unit for the long-stalled Sea Lion oil development off the Falklands

    Dutch offshore company Bluewater has reached an agreement in principle to extend the deployment of the Aoka Mizu FPSO on the UK’s Lancaster oilfield, a move that could set the stage for the vessel’s future redeployment to the Falkland Islands' Sea Lion project.

  • Tuesday, May 27th 2025 - 16:04 UTC

    Fortuna Ltd secures Tristan da Cunha lobster concession and transport contract

    “This partnership promises exciting opportunities for the people of Tristan da Cunha and for Fortuna,” said James Wallace, Managing Director of Fortuna Ltd

    Tristan da Cunha, the world’s most remote inhabited island, has awarded its prized lobster concession to Fortuna Ltd, a British Overseas Territory-based company with global seafood operations.

  • Tuesday, May 27th 2025 - 15:36 UTC

    Messi and Suárez launch new football club in Uruguay: Deportivo LSM

    Deportivo LSM will begin its journey in the Segunda División Amateur, the fourth tier of Uruguayan football.

    Football legends Lionel Messi and Luis Suárez have announced the creation of their own football club in Uruguay, “Deportivo LSM,” which will compete in the country’s official league system under the Uruguayan Football Association (AUF) starting in 2026.

  • Monday, May 26th 2025 - 10:04 UTC

    Paraguay seeks to become logistics hub for South America

    “We want to extend logistics beyond Asunción,” Maluff explained

    Paraguay last week launched the upcoming Expo Logistics 2025 to be held on June 11 and 12 at the South American Football Confederation facilities in Luque. At the event, the South American country will be positioning itself as a regional hub by leveraging its strategic location and enhancing its transportation infrastructure, Vice Minister of Trade and Services Rodrigo Maluff said while announcing initiatives to modernize the Paraguay-Paraná waterway to connect trade from Bolivia and Brazil’s Mato Grosso regions, reducing cargo transfer times to markets like Southeast Asia by up to 40%.