Port Strikes Delay Grain Loadings in Argentina
The loading of five cargo ships in different grains ports in Argentina has been stalled for days due to strikes by port workers, the labor union representing the employees and an industry source said on Wednesday.ADM and the local ACA cooperative have each had a ship waiting since Saturday to complete cargo loading at the companies' terminals in Puerto General San Martín and San Lorenzo, the shipping hub north of Rosario, according to the URGARA union.Another ADM ship and one for Louis Dreyfus are also waiting to be loaded in the port of Bahía Blanca.
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…
Exmar, YPF Settle Dispute, Terminate Tango FLNG Charter
Belgium-based shipowner Exmar has settled a dispute over the charter of the Tango FLNG with Argentinian energy firm YPF, that will see the FLNG charter terminated in exchange for a settlement fee.To remind, YPF in June sent a force majeure notice to Exmar, saying it was not able to pay for the charter of the Tango FLNG unit due to the effect of the coronavirus pandemic. Exmar at the time said the notice was unlawful, adding it was considering the best option to defend its interest.On Monday, Exmar said it had reached a settlement agreement with YPF S.A.
Inmarsat Supporting Impala Push Boats on the Paraná
Inmarsat has equipped four Paraná River push boats operated by Impala Paraguay with Fleet Xpress connectivity, in what the mobile satellite communications company is calling a breakthrough for maritime broadband inland along one of South America’s longest waterways.The prime mover vessels are used by Impala Paraguay to steer its fleet of 30 double-hulled barges along the waterway system to move gas oil, jet fuel, gasoline and naphtha products from Argentina onward to Paraguay and Bolivia, exporting soya bean oil in the other direction.
Argentine Grains Port Workers to Strike After Talks Collapse
A labor union representing Argentine grains port workers said on Sunday it would stage a 24-hour walk-off from midnight after failing to strike a deal on a collective work agreement with the business chamber that represents private port owners.The URGARA union, which represents inspectors who check the quality of grains before they are loaded onto ships, called on its workers to "cease all ... activity in ports throughout the country," in a statement released late Sunday.URGARA's workers are critical to the operation of ports and shipment of grains from Argentina…
BIMCO: Agriculture Exports Make "Stunning Comeback"
BIMCO notes stunning comeback to Q2 agricultural exports nearly triple freight ratesAs agricultural dry bulk commodities exports took a dive in the first quarter of this year and painted a gloomy picture for Panamax and Handymax freight rates, a stunning second quarter comeback have nearly tripled freight rates.While total agricultural export volumes are now solidly up in the first half of the year, they are not mind-blowingly high, and export volumes in the first quarter of 2020 certainly offered little help.
Argentina: Grains Port Workers Delay Strike
labor union representing Argentine grains port workers said on Thursday that it suspended a scheduled strike over wages after the government called for talks between the workers and their companies.The URGARA union, which represents inspectors who check the quality of grains before they are loaded onto ships, said the strike, previously set to begin on Friday, would hold off until an upcoming meeting scheduled by the government."In the framework of maintaining social peace, we…
Argentinian Shipyard to Build First Domestically Produced Dredger
SPI Servicios Portuarios Integrados for Mar del Plata port in Argentina has acquired a DOP Dredger component package from Damen Shipyards Group. The Argentinian shipyard will build major components and assemble the dredger. The DOP Dredger 250 will be used to dredge underneath a floating dock, which the shipyards wants to keep operational full-time. The trick is that the dock will remain in place during the dredging activities.The Argentinian ship builder SPI has an extensive yard in the bay of Mar del Plata, located on the South Atlantic Ocean.
Damen Sells Cutter Suction Dredger to Argentina's Servimagnus
The Damen Shipyards Group reports it has sold a full option Cutter Suction Dredger (CSD) 500 to the Argentinian dredging contractor Servimagnus. The modular dredger is currently under construction at the Damen Dredging yard in Nijkerk, The Netherlands, and will be shipped to South America later this year to join the Servimagnus fleet working on a waterways program in the province of Buenos Aires.“One of the major rivers in the outstretched plains in the Argentinian Province of Buenos Aires…
Exmar Slams 'Unlawful' Tango FLNG Force Majeure by YPF
Argentinian energy company YPF has sent a force majeure notice to Belgium shipowner Exmar, saying it is unable to pay for the charter of the Tango FLNG unit due to the effect of the coronavirus pandemic.According to Exmar, YPF claims that effects of the coronavirus pandemic both worldwide and in Argentina have hindered YPF's ability to perform its obligations under the Tango FLNG agreements. This includes but is not limited YPF's ability to pay the invoices due for services performed for the period starting the second half of March 2020.
Demand for Brazil Grains Rise as Argentine River Shipments Hit Snag
Global demand for Brazilian grains is growing as Argentina and Paraguay struggle with low water levels in a key river for agricultural shipments that is preventing ships from being fully loaded, a Brazilian trading company told Reuters on Thursday.Chief Executive Frederico Humberg of trading firm AgriBrasil said the company has sold three shipments of Brazilian corn where the buyer had initially sought to buy from Argentina."The buyer had purchased in Argentina, but ended up reverting to Brazil," Humberg said.Humberg said he knew of 10 shipments in total between AgriBrasil and other suppliers
Parched Parana River Likely to Hit Argentine Grain Exports through September
Shallow water in Argentina's Parana River will slow exports and hurt the country's soy crushing margins at least through September, officials said, as more cargo ships are needed to carry the same amount of commodities.Drought has pushed the Parana to its lowest level in decades, complicating transportation and soymeal production.An increasing number of ships are running aground and higher costs are pressuring margins at the giant soy crushing plants that make Argentina the world's top exporter of livestock feed…
Collapsed Riverbank Disrupts Argentina's Exports
Ships transporting cargo from Argentina's Rosario grain hub through the Parana River are having to reduce their cargoes after a bank collapse obstructed the navigation channel, exporters told Reuters.Dredgers are working in the Parana to the south of the Rosario complex to try to restore the necessary depth of water for export traffic, but at present have no estimate of when normal operations on the grains superhighway can resume."Ships cannot leave because they do not have the adequate safety margin…
National WISTA Associations Offer Free Membership for Seafarers
The Women’s International Shipping and Trading Association announced a new initiative aimed at helping seafarers.WISTA Norway, WISTA UK, WISTA Singapore, WISTA Brazil, and WISTA Argentina have come together to offer free WISTA membership for seafarers through August 31, 2020. Membership allows seafarers to access the largest network of female managers in the shipping industry, as well as online seminars, webinars and workshops. The idea for the project came from WISTA Norway.Pia Meling…
US Trade Deficit Narrows for First Time in Six Years
The U.S. trade deficit fell for the first time in six years in 2019 as the White House’s trade war with China curbed the import bill, keeping the economy on a moderate growth path despite a slowdown in consumer spending and weak business investment.The report from the Commerce Department on Wednesday also showed the Trump administration’s “America First” agenda decreased the flow of goods last year, with exports posting their first decline since 2016. President Donald Trump, who has dubbed himself “the tariff man…
Coronavirus-stricken Zaandam to Dock in Florida
Two Holland America Line cruise ships, including the coronavirus-hit Zaandam, are scheduled to dock at Port Everglades on Thursday, a spokesperson for the Florida port confirmed.The port said it would hold berths open for the two ships as details for the conditions of arrival are being finalized. An estimated time of arrival is to be determined.Florida has been working with the cruise line and the U.S. government to develop a plan to allow thousands of passengers exposed to COVID…
Two Cruise Ships Dock in Florida After Coronavirus Ordeal
An ocean liner forced by a deadly onboard coronavirus outbreak to languish at sea since mid-March pulled into a South Florida port on Thursday, after authorities settled plans for the vessel and its sister ship to dock and most passengers to come ashore.The Holland America Line cruise ship MS Zaandam and its twin, the MS Rotterdam, docked late in the afternoon at Port Everglades in Fort Lauderdale, Florida, where medical personnel immediately began off-loading 13 severely ill…
Capesize Remains Submerged in the Depths of Despair
While the Capesize segment has been massively impacted by the coronavirus, the smaller dry bulk segments are starting to recover towards profitable territory, partly on the back of seasonally higher grain exports from South America. Nonetheless, as the coronavirus continues to spread, the risks are skewed towards the downside.Capesize remains extremely unprofitable, but what about the rest?The Baltic Exchange Capesize index drew headlines lately, as it, for the first time ever, went into negative territory.
Trump Urges Florida to Welcome Coronavirus-hit Cruise Ship
U.S. President Donald Trump on Tuesday urged Florida officials to open an Atlantic Coast port to a Dutch cruise ship stuck at sea with a deadly coronavirus outbreak onboard, urging the governor to drop his opposition.Weighing in on the fate of Holland America Line’s MS Zaandam during a White House briefing, Trump said he would call Florida Governor Ron DeSantis, who has declared the vessel unwelcome to prevent its sick passengers from being “dumped” on his state.“They’re dying on the ship…
Four Passengers Die on Cruise Ship with Coronavirus Outbreak
Four passengers have died on board the MS Zaandam, a cruise ship currently off the coast of Panama with dozens of guests suffering from influenza-like symptoms, at least two of whom have coronavirus, the vessel's operator said on Friday.Zaandam had been on a South American cruise that departed Argentina on March 7 and had been scheduled to end in San Antonio, Chile on March 21.
Ocean Infinity’s Hunt for the Submarine San Juan
The search for the Argentinian submarine was like hunting for the proverbial needle in a hay stack, except that it was a piece of straw. Elaine Maslin reports. At 7.19am, local time, on November 15, 2017, the last message was received from the San Juan submarine. She belonged to the Argentinian navy and was on a routine mission from Ushuaia in the Patagonia region to Mar del Plata in Buenos Aires province when she lost contact with the military. Fifteen days later, neither the submarine nor any debris had been found and the crew of 44 sailors were presumed dead.
42 People Sick on Cruise Ship Zaandam
Passengers aboard the cruise ship Zaandam are being quarantined after 42 people on board exhibited "influenza-like symptoms", the ship's operator Holland America Line said.As of Sunday morning, 13 passengers and 29 crew reported to the ship’s medical center, but it is unknown whether these are coronavirus cases as there is no COVID-19 testing available on board.Holland America Line said it asked passengers to self-quarantine "out of an abundance of caution", and crew who are not required for vessel operations are also being quarantined.
Brazil Agrees to Raise Level of the Parana River
Brazil has agreed to release water at the giant Itaipu hydroelectric dam to raise low water levels in the Parana River, a key thoroughfare for grains shipments, Argentina's Foreign Ministry said on Friday.Decade-low water levels on the Parana are forcing Argentine exporters to load less soy and other grains on ships bound largely for China, adding a new problem to a sector already beset by bottlenecks due to the coronavirus pandemic.The agreement with Brazil will allow for an additional 1,400 cubic meters of water flow to be added to the river, the ministry said in a statement.