The Defense Infrastructure Organization (DIO) has awarded a contract to Mitie to carry out runway repairs at Mount Pleasant Complex, the RAF airfield in the Falkland Islands. The work will be undertaken by Dyer and Butler, who also completed the resurfacing of the site’s Alpha Loop taxiway earlier this year.
The Falkland Islands Government (FIG) has announced that it has appointed Cambridge Management Consulting (Cambridge MC) as telecommunications consultants. The appointment comes following an international tender process that received multiple bids.
Argentine Foreign Minister Diana Mondino celebrated Thursday's announcement regarding the imminent handover of the British Indian Ocean Territory of Chagos to Mauritius after a dispute of nearly six decades and hinted that a similar path should be followed to ”recover the Malvinas (Falkland).”
After a robust appointment process, Her Excellency the Governor and the Falkland Islands Legislative Assembly are delighted to announce that Dr Andrea Clausen has been appointed the next Chief Executive of the Falkland Islands Government (FIG).
The UK Government has confirmed today (Thursday 3 October) that it has reached a political agreement on the exercise of sovereignty over the Chagos Archipelago. Today’s political agreement is subject to the finalisation of a treaty. Under the terms of this treaty the United Kingdom will agree that Mauritius is sovereign over the Chagos Archipelago, including Diego Garcia.
The Falklands Petrel Fishing Company Ltd., belonging to Fortuna Group and Galician associate Pescapuerta Group officially received Monday afternoon at the Nodosa shipyard in Marin, Spain, state of the art trawler-freezer F/V Prion, considered among the best ever built in Spain and which will begin operations in the next squid season 2025 in Falklands waters.
Independent oil and gas company, with assets offshore Falkland Islands, Borders & Southern Petroleum, (AIM: BOR) has announced it has raised £1.5 million, before expenses to advance the development of its 100% owned Darwin Gas Condensate discovery offshore the Islands. The Fundraising comprises a placing and a subscription by a majority of the Company's directors.
The issue of the controversial clash days during the cruise summer season was also addressed by ExCo in its end of September meeting. It was noted that the Falkland Island Tourist Board (FITB) is currently taking cruise ship bookings out to the 2026/27 season and intends to continue monitoring future clash days during the 2024/25 season.
LATAM Airlines has announced an interest in refinancing its US$450 million 13.375% Senior Secured Bonds maturing in 2027, and its current US$1.1 billion term loan agreement. The debt was issued in October 2022 in connection with its exit from the reorganization proceedings under Chapter 11 of Title 11 of the United States Code.
This Wednesday afternoon a spectacular ring of fire annular solar eclipse will be visible for some parts of South America. While southern Chile and Argentina, Patagonia, will see a ring of the Sun as the Moon passes in front of it, those in the Falklands Islands will see a large solar eclipse.