Tag: Cardama

• 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.

  Add your comment!
• 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.”