
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.
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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.

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.

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.”