It has been reported that the water levels in the Parana River/ River Plate system have been dropping below average, leading to the Hydrographic Authorities and the Coast Guard issuing a notice advising masters to exercise caution when navigating in the waters.
A major port in Argentina’s northern Rosario announced the suspension of its port activities in efforts to mitigate the spread of the COVID-19, which spiked criticism from grain exporting firms and processors in the farm country.
In the wake of the COVID-19 situation, Argentina Ports has set new measures to limit the spread of the disease and help grain operations come back to normal. Specifically, following the country’s decision to close its borders, grains and oilseeds exporters said they may face several delays.
Cargo hold cleaning is a major issue nowadays given that it is responsible for the quality of the product it will transmit; Therefore, the North Club issued information of cargo cleanliness requirements in Argentina for all interested parties.
West P&I Club informs that the Argentinian National Service for Health and Agrifood Quality (SENASA) is officializing the approval and implementation of a resolution, to set control measures following the Asian Gypsy Moth.
A Protocol of Agreement was inked several days ago between Freeport of Riga and province of Corrientes, in order to boost and expand both of the ports’ facilities. Through this agreement, the two sides aim to find ways to develop their bilateral trade and to enhance Argentinian produce exports via the Port of Riga.
Argentina’s regulatory body on safety and environment, REGINAVE, launched some new changes providing the ability to the Argentinean Coast Guard to impose fines on foreign seafarers and shipowners for breaches of maritime and environmental laws. This comes in addition to the level of fines which has severely increased.
More than 50 ports and terminals in Latin America, as Terminal Zárate in Argentina, Terminal Puerto Rosario in Argentina, Terminal de Buenaventura in Colombia, Port of Santos in Brasil, Terminal Pacífico Sur Valparaíso in Chile and San Vicente International Terminal in Chile, are currently working with the blockchain-based digital platform developed by IBM and Maersk, TradeLens.
According to EIA, Argentina’s domestic natural gas production has been steadily increasing in the past three years, due to the increased production coming from the Neuquén Basin’s Vaca Muerta shale and tight gas play. Its production surpassed the 1 billion cubic feet per day (Bcf/d) in December 2018.
Argentina’s first national offshore licensing round took place on 16 April 2019, in Buenos Aires. Of the 38 blocks offered in an open bid round, 18 were licensed. The round attracted bids from 13 companies, with the winning bids reaching a total of US$718.28 million. All majors participated in the bidding, except from Chevron.
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