Argentina
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Americas
Argentine union suspends dock strike after picketer killed by truck
Argentine dockworkers suspended a 24-hour work stoppage on Thursday after a picketing striker was killed when a trucker drove his…
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Americas
Ultrapetrol set to emerge from Chapter 11
Argentina’s Ultrapetrol has had its second amended prepackaged plan of reorganisation approved by the U.S. Bankruptcy Court. The plan will…
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Americas
Private equity to snap up bust Ultrapetrol’s river unit
Argentina’s Ultrapetrol has got the go ahead from a US bankruptcy court to embark on a quick chapter 11, with…
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Americas
Argentina’s Ultrapetrol seeks Chapter 11 protection
With creditors dismissing its restructuring plans listed Ultrapetrol has become the latest victim of the shipping downturn, seeking Chapter 11…
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Americas
Argentinian authorities boost security at Port of Rosario
Authorities in Argentina have beefed up security measures at the inland Port of Rosario with the aim of clamping down…
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Americas
YPF and Statoil team up to study possible drilling sites off Argentina
Argentinian energy company Yacimientos Petroliferos Fiscales (YPF) has signed a deal with Norwegian multinational Statoil to team up in studying…
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Americas
Ultrapetrol booted from the Nasdaq
Argentinian owner Ultrapetrol has received notice from the Nasdaq Stock Exchange, indicating that the Nasdaq Hearings Panel has denied the…
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Americas
Ultrapetrol shuffles senior management
Argentinian owner Ultrapetrol has announced that Damián Scokin will resign from his role as chief executive officer, effective November 1,…
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Americas
Argentina delays transfer of Buenos Aires Port
Argentina’s national government is withholding approval for transferring control of Buenos Aires Port, according to the Buenos Aires Herald. The…
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Americas
MOL wins Toyota Argentina contract
Mitsui OSK Lines (MOL) has won a contract to transport vehicles manufactured at Toyota Argentina to ports on West Coast…
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Americas
Britain’s PM asks Argentina to remove restrictions on drilling offshore the Falkland Islands
Britain’s recently appointed Prime Minister Theresa May has asked Argentina’s President Mauricio Macri if the South American country might end…
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Americas
Bulk carrier runs aground on Parana River in Argentina
A bulk carrier that ran aground in the Parana River, near to Campana port in Argentina, was refloated after 12…
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Americas
Sea Trucks secures Argentina pipelay contract
Offshore service provider Sea Trucks has announced that it has signed a contract with Enap Sipetrol Argentina for a pipelay…
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Americas
Ultrapetrol extends forebearance period again
Ultrapetrol has extended its forebearance period with its lenders to hold off any enforcement action related to a missed interest…
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Americas
Argentinian yard scam rumbled
Six top managers at Argentinian shipyard Astillero Río Santiago have been arrested accused of embezzling state funds. Investigators are looking…
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Americas
Ultrapetrol bondholders agree to extend forbearance period
Ultrapetrol has won approval from bondholders to hold off enforcement action related to its 8.875% first preferred ship mortgage notes…
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Americas
Ultrapetrol gets breathing room from creditors
Argentina’s Ultrapetrol has staved off the vultures for another three months after persuading its creditors to agree to a forbearance period…
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Americas
Ultrapetrol’s loan negotiations continue after deadline, share price takes a hit
Ultrapetrol’s 30-day grace period following a missed interest payment has ended, and the NASDAQ-listed company is seeking an extra two…
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Americas
Ultrapetrol skips $16.5m in interest payments while it renegotiates loans
Ultrapetrol says it has decided not to make a payment of $16.5m due today in interest on various loan agreements…
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Americas
Ultrapetrol appoints new chairman
Nasdaq-listed Ultrapetrol has appointed Eduardo Ojea Quintana to the position of chairman of the board, replacing Horacio Reyser who has…
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