JOURNAL ARTICLE

Argentina Moves to Deepen Soy Waterway to Ship Bigger Cargoes.

  • Published In: Bloomberg.com, 2024. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Gilbert, Jonathan 3 of 3

Abstract

Argentina has announced a tender for contractors to dredge its waterway in the Parana River, aiming to deepen the navigation channel to allow for larger cargo ships. This move is crucial for the country's soy industry, as low water levels have caused ships to run aground, impacting competitiveness against Brazil and the US. The winning contractor will be required to deepen the channel to 39 feet, potentially requiring significant investment and environmental permits. Interested dredging companies include Jan de Nul, Shanghai Dredging Company, DEME, and Boskalis. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2024/11, pN.PAG
  • Document Type:Article
  • Subject Area:Science
  • Publication Date:2024
  • Accession Number:181031433
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