Stories for December 2011

Friday, December 16th 2011 - 06:09 UTC
Maersk orders from Chile two offshore supply vessels for Canada

Maersk Supply Service has contracted Chilean shipyard Asenav, the country’s largest private yard, to build two new offshore vessels, with an option for up to four more.
Thursday, December 15th 2011 - 20:59 UTC
Astori anticipates investment grade and the white list for Uruguay in 2012

Vice president Danilo Astori anticipated that in 2012 Uruguay will recover investment grade and said that including Uruguay in the OECD “grey list” was a “tremendous injustice” which did not take into account all the advances achieved in combating money laundering and narcotics trade.
Thursday, December 15th 2011 - 19:53 UTC
Argentina bullying Uruguay on canal dredging and Falkland Islands flagged vessels

Uruguay has banned the docking of Falklands/Malvinas flagged vessel in the port of Montevideo, following on complaints from Argentina that several fishing vessels with that flag, in recent months had been operating from Montevideo.
Thursday, December 15th 2011 - 18:03 UTC
After dismal year Brazilian industry expects modest recovery in 2012

Brazilian industry saw 1.8% growth this year, well below expectations, and expansion will be limited to 2.3% in 2012 due to a global economic slowdown, a business group said this week.
Thursday, December 15th 2011 - 17:58 UTC
Brazilian prosecutors suing Transocean and Chevron 10bn dollars for oil spill

Brazilian federal prosecutors are suing Transocean Ltd and Chevron Corp for 20 billion Reais (10.6 billion dollars) in environmental and social damages and asked a court to suspend their operations, according to a statement yesterday.
Thursday, December 15th 2011 - 17:52 UTC
After nine bloody years US military officially end Iraq war

The US military officially ended its war in Iraq, rolling up its flag at a low-key ceremony with Defence Secretary Leon Panetta nearly nine bloody years after the invasion that ousted Dictator Saddam Hussein.
Thursday, December 15th 2011 - 15:42 UTC
Brazil ‘disappointed’ with Paraguay Senate attitude towards Venezuela and Mercosur

Brazil’s International Affairs presidential advisor Marco Aurelio García admitted there is “disappointment” in Mercosur with the delay from the Paraguayan congress in approving the incorporation of Venezuela.
Thursday, December 15th 2011 - 15:37 UTC
Brazil decides full support for the (development) Bank of the South

The administration of President Dilma Rousseff will be sending the bill creating the Bank of the South to congress next month, since this financial institution “will help the region address the global crisis”.
Thursday, December 15th 2011 - 15:32 UTC
Lan-Tam clears Brazil antitrust regulator, becomes world’ second largest carrier

Chile Lan Airlines planned 3.2 billion dollars acquisition of Tam SA was approved by Brazil’s antitrust regulator, clearing the final regulatory hurdle for the formation of the world’s second-largest carrier.
Thursday, December 15th 2011 - 03:50 UTC
Uruguay meat exports reach 1.5 billion dollars in eleven months

In eleven months of 2011 Uruguayan meat exports jumped 21% in value compared to the same period a year ago, totalling 1.505 billion dollars and 373.548 tons according to the latest release from the country’s National Meat Board (INAC).