Argentinian Government News

Argentinian Polar Icebreaker Project Kicks Off

Finnish engineering firm Aker Arctic announced it has signed a deal with Argentinian shipbuilder Tandanor Shipyard to finalize the basic engineering design of a new polar vessel for Argentina. The project officially kicked off in Buenos Aires in May 2022.Aker Arctic had developed the concept design in 2014, but the project was shelved while awaiting the most appropriate way to follow on into the shipbuilding phase.Recently, the Argentinian government made the decision to upgrade Tandanor Shipyard’s facilities in order to build the polar vessel domestically.

Union Hits Out at Vulture Fund Swoop on Tall Ship

TF president Paddy Crumlin condemns those responsible for seizure of 'Fragata Libertad', an Argentine navy training ship, in Ghana. The detention of the ship was ordered on application to a court by Elliott Capital Management, which has bought up debt associated with bonds on which the Argentinian government defaulted in 2001. He continued: “In trying to hold hostage one government over a dispute on sovereign debt by holding the Libertad hostage, Singer shows that he only holds one thing sacred: making more profit and building his wealth.