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Montevideo, July 26th 2026 - 16:16 UTC

Investments

  • Thursday, October 3rd 2024 - 09:45 UTC

    Falklands fishing group Fortuna incorporates state of the art trawler-freezer

    Prion docked in Marin for the ceremony

    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.

  • Monday, September 23rd 2024 - 13:47 UTC

    French shipping giants to buy over Brazilian port of Santos' container terminal

    Tecon Santos is the largest container terminal in Brazil and one of the largest in Latin America

    Brazil's Opportunity investment group reached an understanding with French giants CMA CGM for the sale of its stake in the Brazilian Port Terminal of Santos (STBP3), it was announced late Sunday.

  • Monday, September 23rd 2024 - 08:57 UTC

    JetSmart discontinuing Buenos Aires-Montevideo route

    JetSmart's expectations were far from being met, it was explained

    Chilean budget carrier JetSmart announced it would be lifting the Buenos Aires-Montevideo effective Oct. 1 route after finding it unprofitable, particularly when no subsidy was obtained from the Uruguayan government. The service had been operational for only four months.

  • Monday, September 23rd 2024 - 08:55 UTC

    LNG project to go on with or without Petronas, YPF CEO says

    Local media are mentioning a 95% probability that the Malayan company would back down due to a slump in expectations

    Argentina's State-run oil company YPF CEO Horacio Marín admitted that the highly-announced US$ 30 billion joint Liquefied Natural Gas (LNG) venture with Malaysia's Petronas in Patagonia would go ahead despite the Asian partner's alleged intention to withdraw from it.

  • Saturday, September 21st 2024 - 10:31 UTC

    Buenos Aires holds talks with Gol regarding Aerolineas Argentinas' future

    Francos insisted pilots' union leader Biró never gets tired of hurting Argentines

    Argentina's Cabinet Chief Guillermo Francos and Economy Minister Luis Toto Caputo met Friday with representatives from the Brazilian airline Gol to discuss the possible handover of Aerolíneas Argentinas operations amid threats of additional strikes by pilots and cabin crewmembers. Earlier this month, some 37,000 travelers were affected by the protests seeking wage increases to cope with inflation.

  • Thursday, September 19th 2024 - 07:56 UTC

    Harland & Wolff shipbuilders will initiate administration proceedings

    The Titanic under construction at a Harland & Wolff shipyard in Belfast. The ship hit an iceberg and sank on her maiden voyage in April 1912.

    Loss making Belfast shipbuilder Harland & Wolff, the firm that among other great vessels built the Titanic, has declared itself insolvent after failing to secure funding to continue trading, and will be initiating administration proceedings.

  • Wednesday, September 18th 2024 - 10:45 UTC

    Falklands: FIRS, the supply link between UK and Mount Pleasant Complex

    The Anvil Point unloading at East Cove port

    Mount Pleasant Complex in the Falkland Islands has provided information on how the British Forces South Atlantic Islands, BFSAI, are kept alert and ready for the defense of the Islands with regular shipments from the UK.

  • Wednesday, September 18th 2024 - 07:53 UTC

    Features of choosing a used Mercedes

    Photo: Pixabay

    Many people who have decided to buy a car are especially intensely and attentively interested in the models of the German concern Daimler. They look attractive and offer many progressive solutions for comfort and safety. Mercedes Benz produces cars of different categories and body types in several lines, so there is plenty to choose from.

  • Saturday, September 7th 2024 - 10:20 UTC

    Uruguayan Senator calls for Cardama deal for new Ocean Patrol Vessels to be dropped

    Cardama's ability or apparent lack thereof to fulfil the contract would corroborate Rear Admiral Musso's assessment that the Uruguayan government chose to ignore

    Broad Front (Frente Amplio - FA) Senator Sandra Lazo insisted Friday that Uruguay should backtrack on its decision to purchase two newly-built Ocean Patrol Vessels (OPVs) from Spanish shipyard Cardama, a company at risk of bankruptcy that has not yet commenced building the units ordered in mid-2023. The Spanish shipyard is still unable to obtain the collaterals required by the contract with the Uruguayan authorities.

  • Wednesday, September 4th 2024 - 10:55 UTC

    Uruguay inaugurates fishing port terminal

    “The Argentine government understood, after 200 years of struggle,” that Montevideo's port offers better conditions than that of Buenos Aires

    Uruguayan authorities inaugurated a new fishing port in Capurro on Tuesday after a US$ 110 million investment, an “important milestone” that will house the activity in Montevideo, President Luis Lacalle Pou explained. The head of state also pointed out that “it has been many years since a public port was built here.”