World Navy Report: Peru
Navies operate on a spectrum between deterrence and defense, to include offensive operation, support of foreign policy, and power projection to civil affair and humanitarian assistance and disaster response. Many have constabulary responsibilities, and it could be argued that, with the exception of the largest navies, most are more like a coast guard than a military force in their normal responsibilities.Every Navy is different. Yes, they all share similar challenges of acquisition…
Repsol, Emerson Pact for Geoscience R&D
Emerson and Repsol announced they have established a strategic alliance to deliver advanced subsurface geophysical technologies to reduce the time to prospect and produce first oil.Emerson, a global engineering and technology company, will work collaboratively with Spanish energy company Repsol to implement and deploy advanced subsurface imaging technologies, with core technologies developed by Repsol as part of Kaleidoscope, its 10-year innovation project."These advances will…
Powerful Shallow-Draft Paraguay Towboat
Paraguay’s Tsuneishi Shipyard, a subsidiary of the Japanese firm of the same name, recently delivered the powerful towboat Tebicuary 3 to her owners Navegación del Sur S.A. (Navesur) in June of 2018. The new vessel is a near sister-ship to the 2015-delivered Ceasar Primo for a different owner. The newer vessel will also work on the Paraguay-Paraná River system that provides marine access to large parts of central South America.“The Paraguay-Paraná Waterway is a regional agreement between Argentina…
Eurotainer Appoints APM Terminals as Agent for Argentina
Eurotainer US, Inc. has selected APM Terminals Inland Services Argentina as the exclusive agent for the sales and marketing of its tank container leasing services in Argentina.APM Terminals serves the Argentinian market through five strategically located Inland Service Depots located in key markets along the full length of the country. The company offers equipment lifecycle management, transportation services and cargo support.The company's Puerto Deseaso Depot has an established…
Bolivia Joins International Mobile Satellite Organization
The Plurinational State of Bolivia has become the 104th country to join the International Mobile Satellite Organization (IMSO), the inter-governmental body that oversees the provision of certain satellite-based maritime distress communication services. The IMSO Convention was adopted by International Maritime Organization (IMO) in 1976 to establish and oversee satellite communications for shipping. Ms. Giovanna Lenny Vidal, Charge d'Affaires, met IMO Secretary-General Kitack Lim and IMSO Director General Capt. Moin Ahmed to deposit the instrument of accession to the Convention.
Brazil Drops 'Railway to the Pacific' Plan
Brazil has shelved a planned railway to ship commodities destined for China through Peru as it was too costly and faced "absurd" engineering challenges, a Brazilian official said. The 5,000-km (3,300-mile) railway over the Andes to the Pacific coast, announced during a visit by President Xi Jinping in 2014, was meant to speed up soybean and iron ore exports to China at a lower cost by bypassing the Panama Canal. But at an estimated cost of $80 billion, the railway would not be commercially viable if it transported just commodities and not more valuable goods…
Italy's Saipem Wins Eni Angola Contract
Saipem has signed a contract with Eni Angola S.p.A. in relation to the West Hub Development project in Angola, which incorporates the work orders previously assigned and communicated in 2016 and 2017 and adds the scope of work for the development of the Vandumbu field in Block 15/06. The additional activities will be carried out by the Offshore E&C division and encompass the engineering, procurement, construction and installation required for the development of the Vandumbu subseea field at deepwater depths ranging from 1300 to 1500 metres.
New Women in Maritime Network Launched
Central and Latin America celebrated the launch of a new women in the maritime network in Valparaíso, Chile (13-15 December), which joins the International Maritime Organization (IMO) family of regional Women in Maritime Associations (WIMAs), giving visibility and recognition to the role women play as key resources for the maritime sector. Sixty two women from 18 countries (Argentina, Bolivia, Chile, Columbia, Costa Rica, Cuba, Dominican Republic, Ecuador, El Salvador, Guatemala…
Asbestos on Board
What happens when a solution to one or many obstacles ends up becoming an even larger problem? For seamen, one such problem is asbestos. Asbestos is a natural fiber that was mined for use in construction and household products. It became rapidly popular after others realized it has fire-resistant properties and durability. However, in the 1960s, researchers began to link exposure to this material with cancer, specifically mesothelioma, which can form in the lungs, abdomen or heart.
MPA Academy Trains Over 110 Global Maritime Leaders
The Maritime and Port Authority of Singapore’s (MPA) training arm, the MPA Academy (MPAA) and the Nanyang Technological University (NTU), jointly organised the 6th MPLP from 3 to 7 October 2016, with support from the Ministry of Foreign Affairs (MFA) under the Singapore Cooperation Programme. Since its launch in 2011, the programme has now trained more than 110 senior maritime officials from more than 50 countries. Specially designed for high-level senior executives from maritime administrations around the world…
Empire State Stake, Melbourne Port Among Q3 Sovereign Fund Acquisitions
An Australian port and a stake in the Empire State Building's operator were among assets acquired by sovereign investors such as wealth funds and state pension funds in the third quarter of 2016, with deals totalling $21.2 billion. The combined value of deals was up 38 percent from the previous quarter, helped by a handful of jumbo-sized transactions in the infrastructure, energy and real estate segments, although the number of direct investments fell to 35 from 43 in the second quarter, according to data from Thomson Reuters.
Bolivia's Morales Accuses Chile of Restricting Access to Ports
Bolivian President Evo Morales told the United Nations Human Rights Council on Friday that Chile had restricted access to ports on its coast in violation of free passage treaties, in the latest flare-up of tensions between the traditional rivals. "Hundreds of testimonies of affected Bolivian men and women - poorly treated and victims of recurring violations of their human rights - tell a story of racist and discriminatory practices," Morales said in a speech to the council in Geneva. Chilean authorities denied they had impeded transit by Bolivians to the ports. Chile and Bolivia have long had thorny relations, starting with a war in the 19th century that left Bolivia landlocked.
Braemar Adjusting agrees Strategic Partnership in S. America
Braemar Adjusting has agreed a strategic partnership with Beckett Liquidadores de Seguros S.A of Chile, to act as its local resource partner in a number of countries in South America. Braemar Adjusting provides Loss Adjusting, Risk Assessment, Legal/Expert Witness and Dispute Resolution services to the Energy, Marine, Mining and Construction insurance industries, through its strategically-located global network of offices. As a result of the arrangement, Beckett Liquidadores de Seguros S.A.
Hapag-Lloyd Warns of Preventive Actions by China
Further to Hapag-Lloyd's information to their Customer circular issued in 4th March 2016 on the preventive actions of Zika virus for all cargoes entering China, the company has now provided an updated list of origin countries. All shipments from the following countries (indicated below) shall be subject to anti-mosquito treatment. Inbound shipments without proof of anti-mosquito treatment will be fumigated at the port of discharge in China by the authorities without prior notice.
US Imports Rare Bolivian Condensate Cargo
The United States imported a 272,000-barrel cargo of Bolivian condensate bought by trading firm Trafigura last week after more favorable crude spreads prompted larger purchases of foreign oil last month, according to traders and ThomsonReuters data. Refining and trading companies in the United States turned to crude and condensate imports in February to find cheap oil after the arbitrage opened as a result of an inversion in the spread between benchmark U.S. crude oil prices and Brent. Purchases of African crudes increased to 11.66 million barrels in February, the highest volume since October including Nigerian condensate, according to the same data. Most crudes arriving were light and sweet, competing with U.S. grades.
Maersk Line Starts New Direct Service from West Coast South America to Japan
Maersk Line has announced a new direct service with short transit time from West Coast South America to Japan for dry and reefer cargo. In our continuous efforts to provide our customers with a competitive and fast connection from West Coast South America to Japan, we will now offer a new short transit time service from San Antonio and San Vicente in Chile to Yokohama, Japan for both dry and reefer cargo. This service will also offer improved service time from Ecuador, Bolivia and Peru.
World Court Hears Boliva-Chile Dispute Over Sea Access
The International Court of Justice said on Thursday it will continue to hear a case brought by Bolivia against Chile seeking to force its neighbour to enter negotiations to grant Bolivia unfettered access to the Pacific Ocean. Chile had asked the court, also known as the World Court, to issue a preliminary finding that it has no jurisdiction to hear the case. But the court rejected that request in a 14-2 ruling. The decision does not mean that Bolivia will win its case. It means that the proceedings, which are years away from a final decision, will continue. (Reporting by Toby Sterling)
Tug-Barge Design Optimized for South America
Some veteran Mississippi pushboats and barges have been transported to South America for second careers. However, conditions on a great river like the Paraguay-Paraná are different. It has sharp bends, shallow stretches, and includesremote reachestotally lacking in infrastructure. Building on extensive experience designing for the shallow rivers of Canada's frontiernorthland, Robert Allan Ltd., Naval Architects from Vancouver, BC have taken on the challenge of creating a new generation of specialized tug and barge systems to suit these demanding environments. A waterway logistics corporation, Hidrovias do Brasil, was the firm's first South American client to commission new purpose-built shallow draft vessels.
SENER Group Reports Continued Growth
Turnover increased by 8 percent to reach 1.315 billion Euros, with net profit rising by 66 percent to reach 57.8 million Euros. The engineering and technology group SENER ended 2014 with a turnover of 1,315.7 billion Euros; an increase of 8.02 percent over the previous year. The group’s operating result came to 73.3 million Euros, representing an increase of 54.7 percent compared to 2013, and the holding company’s profit reached 57.8 million Euros (an increase of 66.1 percent). The number of people working at SENER has remained almost constant at 5,541 (a decrease of 0.52 percent).
Gazprom, Total for Joint Exploration in Bolivia
The Gazprom headquarters hosted today a meeting between Alexey Miller, Chairman of the Company's Management Committee and Patrick Pouyanne, Chief Executive Officer and President of the Executive Committee of Total, to address the core issues of the bilateral cooperation on the current status of the agreements on joint development of oil and gas fields in Bolivia. It was noted that the preparation of wells and the relevant infrastructure was well underway as part of developing the Ipati and Aquio gas deposits before the start of commercial production scheduled for 2016.
Yara Completes Acquisition of OFD Holding
Holding Inc. (OFD) allowing the integration process to start. The OFD operations comprise production facilities in Cartagena, Colombia and distribution companies across Latin America. Regulatory approvals have been obtained in almost all jurisdictions, including commitments which are not expected to materially impact the profitability of the acquisition. "We welcome the approvals from regulatory authorities which now allow us to close the acquisition and start the integration process.
SENER Operating Revenue up 7.6% in 2013
The SENER Engineering and Technology Group closed the 2013 financial year with an operating revenue of €1.218 billion, representing a growth of 7.6% on the previous year. The number of people working at SENER reached 5,570, an increase of 3.8%, and R&D investment was €71.7 million, representing 5.8% of the group's revenue. These figures position SENER as Spain's leading multidisciplinary engineering group in terms of R&D and the development of technologically-differentiated international projects.
Mammoet Opens New Latin America, Europe Offices
Mammoet has opened a new office in São Paulo, Brazil, replacing its previous premises in the city. The new office serves as main office for the whole Latin America region.Additionally, Mammoet opened a new crane depot in Europe at the Port of Antwerp. The Latin America office, located on the first floor of EBP’s Torre A, Rua Werner von Siemens 111 in Lapa, carries a greenhouse certificate, making it one of the few in the region to have such environmental certification. The new…