January 30th, 20182Colombian authorities raided a German-flagged containership shortly after it departed the port of Cartagena, arresting suspected drug smugglers and confiscating a haul of contraband on board. A team of commandos, immigration officials and police on navy and coast guard vessels intercepted and boarded the Hapag-Lloyd boxship after the...
November 19th, 20170Ecopetrol, Colombia’s state oil firm, has secured four new blocks for deep-water exploration in the US Gulf of Mexico, according to Reuters. The blocks will be developed in partnership with Spanish energy giant Repsol and the award allows the two companies to explore the blocks for a five-year period. Named Garden Banks 77, 78,...
August 15th, 20170An investment fund administered by Goldman Sachs has paid Grupo Argos $136m to take a 50% stake in a Colombian port operator. Compania de Puertos Asociados, known as Compas, moves principally coal and cement. With two port terminals in Cartagena, one in Buenaventura, one in Barranquilla, one in Tolú and two more in Panama and Houston...
August 4th, 20170A week after one of its subsidiaries cancelled plans for a multibillion-dollar liquefaction plant in British Columbia, Malaysian energy giant Petronas had better news with another subsidiary being awarded a shallow-water block in the Gulf of Mexico. PC Carigali Operations was the successful subsidiary, earning the rights to explore...
May 19th, 20170Colombian authorities say they are treating explosions at two different Cartagena shipyards which left seven people dead and 23 wounded as accidents, according to AFP. A fire department spokesman said there were three explosions in all – one at Cotecmar Mamonal naval yard and two at Astivik, a commercial repair yard. All fires were...
May 18th, 20170A series of explosions occurred at shipyards in the coastal city of Cartagena in Colombia, killing at least six people and injuring more than 20 others. According to the local fire service, the blasts occurred within about 30 minutes of each other on Wednesday at two industrial facilities. One blast occurred at Colombian naval...
May 4th, 20170Colombia’s state oil firm Ecopetrol has made the country’s biggest gas find in 28 years at a southern Caribbean Sea well it jointly works with Texas-based Anadarko Petroleum, according to Reuters. In Ecopetrol’s announcement on Wednesday the company said the find is at a depth between 3,675 and 4,415 metres below sea level in...
March 24th, 20170Colombian authorities have discovered a haul of cocaine hydrochloride in a German-owned container ship, the South American nation’s attorney general said. The 2006-built , owned by Hamburg-based Hammonia Reederei, was found to contain 453 kilos of the drug, with a street value of $27m. It was docked at the Port of Santa Marta on...
March 14th, 20170International Container Terminal Services, Inc (ICTSI) and PSA International have formally opened Puerto Aguadulce, a joint venture terminal in the Port of Buenaventura, Colombia with Juan Manuel Santos, president of Colombia, leading the inaugural rites. The first phase of the $550m multi-user container and bulk handling facility can...
March 10th, 20170US oil and gas firm Anadarko Petroleum has made a discovery offshore Colombia with a gas find at the Purple Angel prospect in deep waters on the country’s Caribbean coast. Anadarko runs the Purple Angel prospect as a joint venture with Colombia’s largest oil company Ecopetrol. Each firm has 50% stakes in the block. The new...
