Investments

• Monday, July 12th 2021 - 08:36 UTC

  Punta Arenas expects 40 vessels and 226 calls for the 2021/22 cruise season starting next October

  

  Punta Arenas port authorities announced over the weekend that they expect the 2021/22 cruise season to begin next 19 October when “Sylvia Earle” calls at Chile's extreme south terminal. She will be the first of some 226 calls, so far, from forty international cruise vessels to which must be added those from domestic companies.

• Thursday, July 8th 2021 - 07:09 UTC

  Falklands' government awards contract for improvement of Stanley airport terminal

  

  The Falkland Islands Government has informed that after a competitive tender, the contract for the construction of a new terminal entrance at Stanley Airport has been awarded to Falkland Building Services (FBS), a subsidiary of the Falkland Islands Company (FIC). Materials for the work should arrive in Stanley in early September 2021 and construction will then begin.

• Wednesday, July 7th 2021 - 10:11 UTC

  Uruguayan Supreme Court upholds conviction of former BROU CEO involved in scandal to purchase PLUNA aircraft

  

  Former Banco República of Uruguay (BROU) CEO Fernando Calloia's 20-month jail sentence was upheld Tuesday by Uruguay's Supreme Court, thus extinguishing the chain of appeals available to the defendant.

• Tuesday, July 6th 2021 - 09:15 UTC

  Mining company pledges to invest US $ 34 million in lithium plant in northern Argentina

  

  A local subsidiary of China's Ganfeng Lithium has purchased a 23-hectare property in the General Güemes Industrial Park in the northwestern Argentine province of Salta, it was announced.

• Tuesday, July 6th 2021 - 09:08 UTC

  Production of motor vehicles in Argentina shows signs of recovery

  

  The production of motor vehicles in Argentina in June grew 14.5% compared to May's output for a total of 40,035 units, which made up for a 155.7% YoY increase against 2020 figures, it was reported Monday by the Association of Automotive Factories (Adefa).

• Tuesday, July 6th 2021 - 09:00 UTC

  Magallanes Salmon Association: Tierra del Fuego's decision will have no repercussions for Chilean aquaculture

  

  Magallanes Region Salmon Breeders Association Carlos Odebret downplayed the repercussions for the Chilean aquaculture industry of the recent Argentine legislation banning salmon farms in Tierra del Fuego, adding that the industry in Chile has a thirty-year experience and situations are not comparable.

• Monday, July 5th 2021 - 07:09 UTC

  Suez Canal blockage: Egypt and Japanese company reach a deal to release vessel

  

  Egyptian authorities and Japan's Shoei Kisen Kaisha finally reached an agreement on compensations for Suez canal lost revenues and the cost of salvaging a huge vessel that blocked the crucial waterway linking Asia with Europe.

• Friday, July 2nd 2021 - 09:13 UTC

  Argentine navy incorporates its second OPV, ARA Piedrabuena

  

  Argentina's latest Ocean Patrol Vessel, OPV, ARA Piedrabunea (P52), arrived at Mar del Plata where it was received in a ceremony headed by defence minister Agustín Rossi, the head of the Navy V/A Julio Horacio Guardia plus top military and government officials

• Friday, July 2nd 2021 - 07:06 UTC

  Bezos flying to space with a woman pilot, 82, trained to be an astronaut

  

  Aerospace company Blue Origin's owner Jeff Bezos will go to space with an 82-year-old woman pilot, the firm said Thursday. Wally Funk was one of the first women trained to fly to space but was denied astronaut wings decades ago because of her gender.

• Thursday, July 1st 2021 - 00:07 UTC

  Flying car lands successfully in Slovakia

  

  A Slovak-designed vehicle that can perform both as a car and an aeroplane completed an 80-kilometre stretch from Nitra to Bratislava and eventually left the airport into the streets of the country's capital.