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Nicolas Misculin News

20 Jul 2023

Argentina Turns Away Gunvor-chartered LNG Tanker, Citing Sanctions

A tanker containing liquefied natural gas (LNG) that originated from a Russia supplier and was loaded onto a Gunvor Group-chartered vessel off the coast of France was turned away this week by Argentine energy firm Enarsa, according to officials.The tanker Flex Artemis was in the South Atlantic and heading northeast on Thursday, according to Refinitiv vessel tracking. It had carried LNG from Yamal in Russia, according to a trader familiar with the matter, and had arrived in Argentine waters about July 14.The rejection is one more sign of the energy market upheavals since Russia’s invasion of Ukraine last year and of a growing wariness of buyers involving even authorized deals with Russia-originated fuels.

08 Jul 2021

Argentine Province Orders Ports Strike to Be Lifted

© Ari / Adobe Stock

The government of Santa Fe province in Argentina late on Wednesday ordered port workers to suspend a day-old strike that had blocked grains shipments at the country's main agricultural export hub and mandated wage negotiations be resumed.Protests by port construction workers in Argentina's key grains hub Rosario had snarled exports, with roads blocked at some of the area's key export terminals, an industry official told Reuters earlier on Wednesday.The protest began late on Tuesday and on Wednesday spread to the districts of Puerto General San Martin and Timbues…

09 Nov 2020

Argentina Grains Port Workers Strike Over Wages

Argentine grain port workers launched surprise strikes to protest stalled wage talks, their labor union said on Monday, delaying shipments from one of the world's top exporters."We are going to make surprise halts as much as we consider it necessary," said Juan Carlos Peralta, a spokesman for the URGARA union, which represents inspectors who check the quality of grains before they are loaded onto ships."It is a strike in one of the richest sectors in Argentina. We have exhausted…

16 Jul 2014

Argentine Grains Workers Threaten to Extend Strike

Grains inspectors who began a strike on Wednesday in Argentina's pivotal Rosario export hub will extend it for a second day if there is no progress on their demand for higher salaries, a senior union official said. Other unions are also threatening labor actions, risking disruptions in the shipping of grains from Argentina, the world's third largest exporter of corn and soybeans. The striking workers check the quality of grains before they are stored and then loaded onto ships. Strikes and labor disputes are common in Argentina, Latin America's No. 3 economy, which has one of the world's highest inflation rates and a depreciating currency that is eating into salaries. Argentine unions have hunkered down for a tough round of wage talks.

11 Jun 2014

Port Workers Suspend Strike at Argentina Grains Hub

A strike by port workers at Rosario, Argentina's biggest agricultural export hub, has been suspended, thanks to a government attempt to resolve a disagreement over wage hikes, a local business group said. The protest, which was holding up 126 grains ships and affecting all terminals at the hub's ports of Timbues, Puerto General San Martin and San Lorenzo, had started on Monday. The South American country is the world's third-biggest exporter of soybeans and corn, and about 80 percent of its shipments leave from Rosario. "We have agreed a truce (to negotiate)," said Guillermo Wade, president of the Port and Maritime Activities Chamber. Labor protests are common in Argentina's soy belt, where powerful unions and companies often fight over the spoils of multimillion-dollar exports.