Tag: Cardama

• Monday, June 1st 2026 - 05:17 UTC

  Uruguay submits EUR 60 million offer to acquire three Royal Navy used patrol vessels

  

  The Uruguayan government will this week present a formal offer to the United Kingdom's embassy for the acquisition of three used offshore patrol vessels belonging to the British Royal Navy, for an approximate amount of 60 million euros, as announced by the Deputy Secretary of the Presidency, Jorge Díaz. The operation, structured as a direct state-to-state purchase, fits within the administration of President Yamandú Orsi's search to replace the contract terminated with the Spanish shipyard Cardama, in parallel with the hardening of accusations from the Uruguayan executive against the Vigo-based company over the use of public funds transferred.

• Thursday, March 19th 2026 - 22:59 UTC

  Uruguay to seek damages after Spanish shipyard Cardama fails to appeal OPV contract termination

  

  Spanish shipyard Cardama did not file an appeal against the Uruguayan government’s decision to terminate the contract for the purchase of two offshore patrol vessels for the Navy, meaning the measure is now final and the Ministry of Defence will move ahead with a claim for damages. The confirmation came on Thursday from Presidential Secretary Jorge Díaz.

• Wednesday, February 18th 2026 - 03:38 UTC

  Senate commission to review Cardama contract after Uruguay cancels ocean patrol vessel deal

  

  A pre-investigative commission will begin work on Wednesday in Uruguay’s Senate to examine the contract with Spanish shipbuilder Cardama for two ocean patrol vessels (OPVs), recently cancelled by President Yamandú Orsi’s government.

• Friday, February 13th 2026 - 23:59 UTC

  Uruguay cancels Cardama OPV deal over “serious breaches,” moves toward legal action

  

  Uruguay’s government has terminated its contract with Spain’s Cardama shipyard for the construction of two offshore patrol vessels (OPVs) for the Uruguayan Navy, citing “serious contractual breaches,” and said it will seek damages through legal action.

• Monday, October 27th 2025 - 10:38 UTC

  Spanish shipbuilder defends himself after Uruguay cancels €82 million OPV contract

  

  Mario Cardama, owner of the Spanish shipyard tasked with building two Offshore Patrol Vessels (OPVs) for Uruguay, whose contract was canceled by Montevideo, insists that his company was also a victim of the bank backing the operation: EuroCommerce Limited.

• Saturday, October 25th 2025 - 10:30 UTC

  Uruguay accuses Spanish shipyard Cardama of fraud; company calls it political interference

  

  The Uruguayan government has filed civil and criminal charges against the Spanish shipyard Cardama, which was contracted to build two offshore patrol vessels (OPVs) worth more than US$92 million, after detecting alleged irregularities in the company’s performance bond. The case has escalated into a diplomatic and political dispute, with Montevideo accusing the shipyard of fraud and Cardama denying the charges, claiming it is being used for “electoral purposes.”