The oil and gas exploration company with interests in the Falkland Islands, Rockhopper Exploration PLC, declared a pretax loss in the six months ended June 30 of US$ 2.6 million, from USD749,000 a year prior, as administrative expenses jumped 40% to 2.1 million pounds.
5 commentsONE (Ocean Network Express) and Cosco Shipping are starting the new LUX container service. This route connects Europe and the Mediterranean with the east coast of South America with weekly stopovers.
Add your comment!With the arrival of the Magellan Explorer, Ushuaia officially announced the beginning of the 2023/2024 cruise season which is expected to attract 548 vessel calls and some 195,000 visitors to the most southern port of Argentina in Tierra del Fuego province.
Add your comment!The European Commission blocked US travel giant Booking from acquiring its Swedish rival eTraveli on Monday. Booking commands a 60% market share for online travel agencies in Europe, the Commission said. Meanwhile, eTraveli operates several websites to compare airfares like Gotogate and MyTrip.
Add your comment!Argentina's Defense Minister Jorge Taiana was reported Monday to have signed a letter of intent with Italian aircraft manufacturer Leonardo for the acquisition of eight AW 109 helicopters for surveillance operations in the South Atlantic and thus strengthen the Navy's patrolling capabilities in the Exclusive Economic Zone (EEZ).
2 commentsUruguay's state-run oil company Ancap has awarded all seven offshore oil and gas exploration licenses open for bids to four foreign companies: YPF (Argentina), APA Corp (United States), and Shell and Challenger Energy Group (CEG) (United Kingdom), it was reported in Montevideo.
Add your comment!Argos Resources Falklands said on Tuesday that the government of the Falkland Islands has agreed to the transfer of Argos's PL001 production license interests in the North Falkland Basin to JHI Associates based in Toronto, Canada.
France's Total Vice-president said the company will start drilling at the Fenix field off the southern Argentine province of Tierra del Fuego in March 2024 and expects to start production the following November.
The British Defence Equipment Sales Authority (DESA) said four decommissioned Royal Navy units, including the unique HMS Bristol, have been put up for sale. The Bristol belonged to Task Group 317.8 during the 1982 Falklands/Malvinas War. The three other vessels on sale are the frigates HMS Monmouth and HMS Montrose, and the minehunter HMS Walney.
Gibraltar has plans to build a new cruise terminal, Minister for Tourism, Vijay Daryanani made the announcement. The new state of the art facility will replace the current one, comprising of two floors and a roof top. Sustainability aspects are also being worked on.