Latin America News

20 Nov 2020

CMA CGM Sees Strong Final Quarter on Shipping Recovery

© dbvirago / Adobe Stock

Container shipping group CMA CGM said on Friday shipping activity remained strong in the final quarter of 2020 after a rebound from initial coronavirus-related disruption boosted the French company's third-quarter profits.CMA CGM, the world's fourth-largest container shipping line, said its EBITDA margin rose to 21.0% in the third quarter from 17.2% in the previous quarter and 13.3% in the year-earlier period.Brisk shipping activity should allow CMA CGM to increase the EBITDA margin further in the final quarter, it said.Like market leader Maersk, which this week raised its full-year earnings t

11 Nov 2020

Wärtsilä to Make CBO Flamengo Brazil's First PSV Fitted with a Battery Pack

mage caption: The operating efficiency of the ‘CBO Flamengo’ will be upgraded with installation of the Wärtsilä Hybrid Solution. © CBO

Brazilian offshore support vessel operator CBO has tasked maritime equipment manufacturer Wärtsilä, based in Finland, to convert one of its offshore vessels to operate with hybrid propulsion. The vessel selected for the upgrade is the 2012-built platform supply vessel CBO Flamengo. According to Wärtsilä, the CBO Flamengo will be the first vessel in Brazil and Latin America to be fitted with a battery pack for hybrid propulsion. This is expected to improve the vessel’s energy consumption…

10 Nov 2020

Phantom Buyers in Russia, Advice from Iran Help Venezuela Skirt Sanctions

Oil tanker Elisabeth Knutsen, later relabeled as Knut and one of several misidentified tankers hired by phantom companies to export oil from Venezuela, is seen anchored off Las Palmas, near the Canary Islands, before departing to Venezuela's Jose terminal, operated by state-run PDVSA, Spain September 27, 2020. (© Vin Moore / MarineTraffic.com)

On Aug. 21, a tanker called the Otoman docked at the Jose oil terminal on Venezuela’s coast in the Caribbean to load 1.82 million barrels of heavy crude, according to the state oil company’s internal documents.Yet no tanker with that name is registered in major global shipping databases.Muddying the situation further, the unique identifier for the Otoman listed in the documents - a number used by the International Maritime Organization to identify ships - was assigned to another tanker called the Rubyni, according to the databases.The Rubyni was broken up two years ago, they record.

18 Sep 2020

US, Guyana to Launch Joint Maritime Patrols Near Venezuela

U.S. Secretary of State Mike Pompeo with Guyanese President Irfaan Ali (Photo: Secretary Pompeo / Twitter)

The United States and Guyana will begin joint maritime patrols aimed at drug interdiction near the South American country’s disputed border with crisis-stricken Venezuela, the U.S. secretary of state and Guyana’s new president said on Friday.The agreement comes as U.S. oil major Exxon Mobil Corp, as part of a consortium with Hess Corp and China’s CNOOC Ltd, ramps up crude output from Guyana’s massive offshore Stabroek block, a large portion of which is in waters claimed by Venezuela.“Greater security…

11 Sep 2020

Hornbeck Offshore Services Emerges from Bankruptcy

A Hornbeck Offshore vessel - Image credit: Hornbeck Offshore

U.S.-based offshore support vessel provider Hornbeck Offshore Services said Friday it had completed its reorganization and emerged from Chapter 11 Bankruptcy.The company had in April struck a comprehensive balance sheet restructuring support agreement with its lenders, to be implemented through a prepackaged chapter 11 filing in May in the Southern District of Texas.Hornbeck, which provides offshore services in the Gulf of Mexico and Latin America, said Friday that it had on September 4, 2020, emerged from Chapter 11 under its previously announced reorganization plan.Todd M.

02 Sep 2020

Schottel to Open New Brazil Service Center

The 10.500m² sized plot in Itajaí, Santa Catharina, will be home to a spacious administration, repair and warehouse location. The new service center is expected to be opened in 2021. (Image: SCHOTTEL)

SCHOTTEL do Brasil will soon be able to offer more services for marine customers in a new service center located in Itajaí, Santa Catarina. German propulsion specialist SCHOTTEL enabled its Brazilian subsidiary to acquire land in 2019, and the construction work has been making progress. The 10,500m² sized plot will be home to a spacious administration, repair and warehouse location. It is expected to be opened in 2021.“Key aspects for the premises’ design will be a more efficient supply chain…

27 Aug 2020

KVH Unveils TracVision TV10 Antenna

(Image: KVH)

KVH Industries, Inc. launched the newest marine satellite TV antenna in its TracVision series. A 1-meter ultra-high efficiency marine antenna, the TracVision TV10 provides the biggest coverage footprint in KVH’s TracVision series and is designed to provide boat owners, charter yacht guests and commercial vessel crews with access to live news, local channels and TV and movie programming from leading satellite TV providers worldwide.KVH describes TracVision TV10 as the world’s lightest 1-meter Ku-band marine satellite TV antenna.

21 Aug 2020

Metal Shark Delivers Patrol Boat to the Dominican Republic

(Photo: Metal Shark)

Shipbuilder Metal Shark has delivered an 85- by 19.5-foot welded aluminum Near Coastal Patrol Vessel (NCPV) to the Dominican Republic’s Navy under a $54 million U.S. Navy contract to produce up to 13 Defiant-class patrol craft for U.S. partner nations.Christened Betelgeuse in keeping with the Dominican tradition of naming military vessels after constellations, the new patrol craft was built at Metal Shark’s Franklin, La. shipyard and officially incorporated into the Dominican…

13 Aug 2020

Indian Solar Ferry Flies Flag for Cleaner, Cheaper Water Transport

(Photo: State Water Transport Department, Government of Kerala)

Over the past three years, P. Ravindran’s commute from his southern Indian village has been about more than getting to work - the SIM card seller sees his daily trip on India’s first solar-powered ferry as doing his bit for the green revolution.“I am proud to be a frequent traveler on the Aditya... I am being part of cleaning the Earth,” said Ravindran, who uses the boat most days to travel to the town of Vaikom on Lake Vembanad.The Aditya’s green credentials have attracted international…

15 Jul 2020

Total Shipping Losses Are Declining, But Challenges Persist -Report

The car carrier Golden Ray sits capsized in St. Simons Sound, Ga. (U.S. Coast Guard photo by Brian McCrum)

The record low 41 large shipping losses worldwide in 2019 represents a 20% improvement year-on-year and almost 70% over a decade, but the coronavirus crisis could endanger the long-term safety improvements in the shipping industry for 2020 and beyond, as difficult operating conditions and a sharp economic downturn present a unique set of challenges, according to recent report from marine insurer Allianz Global Corporate & Specialty (AGCS).Consequences of coronavirus and a sustained…

08 Jun 2020

Sugar Shipping Rush Causes Huge Vessel Logjam in Brazil

© Amarinj / Adobe Stock

More than 70 ships are lined up at Brazil's port of Santos to load sugar for export in a queue that may take a month to clear after buyers worldwide scrambled to get ahead of possible disruption caused by the ravages of the coronavirus pandemic.A large share of the global sugar trade turned to Brazil, which posted record output, and after poor harvests in India and Thailand. The South American nation now has, however, the second-most COVID-19 cases worldwide at more than 610,000.Three bulk carriers had loading operations suspended in recent weeks and faced a 14-day quarantine in Santos…

20 May 2020

Venezuela's Military to Escort Iranian Tankers

© Vladimir / Adobe Stock

Venezuela's military will escort Iranian tankers bringing fuel to the gasoline-starved country as soon as they enter its exclusive economic zone, Defense Minister Vladimir Padrino said on Wednesday.His comments came after Venezuelan opposition leader Juan Guaido said the shipment should "alarm" Latin America. Both OPEC members are U.S. adversaries whose oil industries are under U.S. sanctions. Trump administration officials say Washington is considering a response to the shipment.The tankers - Fortune…

03 May 2020

Carnival Cruise Ships Rendezvous to Repatriate Crew Members

(Photo: Carnival Cruise Line)

Eighteen Carnival Cruise Line ships rendezvoused in The Bahamas over the past several days in line with plans to sail nine of the ships to repatriate more than 10,000 healthy crew members who have remained on board after the cruise line suspended operations due to the coronavirus pandemic.The ships have been at various U.S. homeports provisioning supplies and bunkering fuel for their journeys, and their crews stuck on board due to restrictions limiting air travel to Asia, Africa…

20 Apr 2020

Alewijnse Equips Mexican Patrol Boats

Mexican Navy’s POLA-class ARM Reformador (Photo: Alewijnse)

Alewijnse Marine has completed the electrical fit-out of the Mexican Navy’s latest vessel; the Long Range Ocean Patrol (POLA) vessel ARM Reformador. Built at the ASTIMAR 20 naval shipyard in Salina Cruz, Mexico, with the Dutch shipbuilder Damen Shipyards and its suppliers, it is widely regarded as the most advanced naval vessel afloat in Latin America.The scope of works covered all aspects of the ship’s electrical systems, including engineering, the supply and installation of equipment, project coordination and supervision, and commissioning.

15 Apr 2020

Marine Jet Power Adds to Growing Team in the Americas

Left to right: Cole Merritt, Sales Manager, OEM Sales, Americas & Peter Gonzalez, Aftermarket Sales and Training Manager, Americas (Photo: MJP)

Marine Jet Power (MJP) announced Cole Merritt and Peter Gonzalez have joined its business development team in the Americas.“Peter and Cole are a welcome addition to the MJP team in the Americas. As we continue to expand our footprint in the region their experience and expertise will be invaluable as we strive to offer an unmatched customer experience for shipyards, boat builders and operators,” said MJP President and Regional Director, Michael Rickey.Both Peter and Cole started…

11 Sep 2020

Hornbeck Offshore Strikes Restructuring Deal with Lenders

A Hornbeck Offshore vessel - Image credit: Hornbeck Offshore

US-based offshore vessel provider Hornbeck Offshore has struck a comprehensive balance sheet restructuring support agreement with its lenders.The announcement on Tuesday follows Hornbeck’s previous announcement earlier this month when the company said it was in talks with lenders over the terms of the balance sheet restructuring, to be implemented through a prepackaged chapter 11 filing in the Southern District of Texas.Hornbeck Offshore said Tuesday that it had entered into restructuring…

31 Mar 2020

Brazil Blocks Costa Cruise Crew from Coming Ashore Due to Coronavirus

Costa Fascinosa (Photo: Costa Cruises)

A Brazilian court has barred crew members from disembarking from the Costa Fascinosa cruise ship anchored with no passengers at the port of Santos after some of their mates developed coronavirus symptoms, city authorities said on Monday.All passengers on the ship, which has a capacity for 3,800 passengers and crew, were disembarked on March 17 at Santos and only the crew remained in quarantined.Santos is Latin America's largest port and where most of Brazil's agriculture commodities are exported.Last week…

23 Mar 2020

Dock Workers at Brazil's Santos Port Call off Strike Vote

© bannafarsai / Adobe Stock

A union representing the on-demand dock workers has called off a vote that had been scheduled for Monday on whether to hold a strike at Latin America's largest port over concerns about risks from the coronavirus outbreak.In a statement on Sunday, the union - which said it represents about 5,000 people - said the cancellation of the vote was due to a request from government officials.

18 Mar 2020

Santos Port Operating Normally Amid Coronavirus

© andre luis ferreira alferreira / Adobe Stock

Latin America's largest port in Santos in Brazil will maintain regular operations, port operators said after meeting with dock workers and authorities on Wednesday to discuss measures to deal with the coronavirus outbreak.In a statement sent to Reuters, Regis Prunzel, president of operators group Sopesp, said a crisis committee was created with representatives from all stakeholders at the port, where most of Brazil's coffee, sugar, soybeans, corn and cotton are exported to the world.One of the measures agreed on Wednesday will reduce large group gatherings on port premises…

18 Mar 2020

Port of Callao to Install Wärtsilä VTS

Traffic safety will be enhanced with the installation of Wärtsilä’s VTS in the busy Peruvian port of Callao. Copyright: Dmitrii Vinogradov

Wärtsilä said it will install its Vessel Traffic Service (VTS) solution at Peru's main harbor, one of Latin America’s most important ports.Dense fog and haze are a consistent challenge for Callao’s port operations, often making shipping conditions dangerous. Wärtsilä said its VTS solution will provide the technology needed to ensure uninterrupted port operations, while increasing safety levels and facilitating arrival, docking and departures for visiting ships.The technologies to be deployed by Wärtsilä includes solid-state IALA Advanced radar…

05 Mar 2020

MCT Completes 1st Year of Operations

The container port in the Limón province of Costa Rica, Terminal de Contenedores de Moín or Moín Container Terminal (MCT), operated by APM Terminals, completed its first year of operations on February 28.A press release from the international container terminal operating company headquartered in The Hague said that during the year the terminal serviced more than 1,100 ships, around 1.2 million TEUs and achieved important improvements in productivity, sustainability and the training of 1,000 employees from the province of Limón.“During this time, we’ve reached very important milestones, such as the opening of new direct trade routes, increased port efficiency…

27 Feb 2020

Evergreen Line Launches New Digital Platform

Taiwanese container transportation and shipping company Evergreen Line has launched a new digital platform designed to provide customers with seamless booking capabilities and greater access to integrated trade services.Evergreen Line said in a press note that GreenX platform provides a digital portal for Evergreen customers to get instant quotes and book secured space with prioritized equipment supplied by the carrier.From the time of its soft launch last month, GreenX has received nearly 2,000 sign-ups via this one-stop digital platform, demonstrating customers’ interest in executing their bookings and trade services digitally.The digital platform is powered by BlueX Trade…

16 Feb 2020

PIL Exits Transpacific Market

Singapore shipping company Pacific International Lines (PIL) has announced that it is quitting the Transpacific market as part of an optimization strategy. The shipping line has been participating in a half-dozen trans-Pacific services, mostly in slot-charter arrangements.PIL’s last Transpacific sailing will be in March 2020.The company said it has taken the decision as part of a wider strategic review of its business. Henceforth, PIL will focus on further strengthening its position in the North-South Trade such as Africa, Middle East / Red Sea, India Sub-Continent, Latin America and Oceania.PIL is one of the world’s top 10 container ship operators and is the largest shipowner in Southeast Asia.

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