• BIST 96.455
  • Altın 222,078
  • Dolar 5,6626
  • Euro 6,5275
  • İstanbul 17 °C
  • Ankara 12 °C

Argentina is on strike!

Argentina is on strike!
More than 100 grains cargo ships held up in Argentina by strike
A wage strike by Argentine tugboat captains forced more than 100 grains ships to drop anchor along the Parana River on Monday, preventing the loading of freshly harvested corn and soy, a local industry official said.
The work stoppage affected grains terminals in Timbues, Puerto General San Martín and San Lorenzo, all just north of Argentina’s main port of Rosario, said Guillermo Wade, president of the country’s Port and Maritime Activities Chamber.
“We are very concerned,” Wade told Reuters, referring to the backup of cargo ships waiting to take on corn, soy and related products at the end of harvesting for the 2013/14 crop year.
Argentina is a major exporter of corn and the No. 1 supplier of soymeal livestock feed used around the world.
Tug captains, needed to guide cargo ships into port, walked off the job on Saturday to press for a hike in wages that would offset the South American country’s high inflation rate.
Private economists say the rate may exceed 30 percent in 2014, compared with about 25 percent last year.
Official data released last month showed inflation slowed for a fifth consecutive month in June, but still stood at 15 percent since the start of the year, one of the highest rates in the world.
Farmers on the Argentine Pampas ere expected to harvest 54 million tonnes of soybean this year and 26 million tonnes of corn, according to the U.S. Department of Agriculture.
The Argentine government sees a soy take of 53 million tonnes this year and a 33-million-tonne corn harvest.
This news is a total 1276 time has been read
  • Comments 0
    UYARI: Küfür, hakaret, rencide edici cümleler veya imalar, inançlara saldırı içeren, imla kuralları ile yazılmamış,
    Türkçe karakter kullanılmayan ve büyük harflerle yazılmış yorumlar onaylanmamaktadır.
    Bu habere henüz yorum eklenmemiştir.
Other News
  • TOTE Places Hawaii Plans on Hold27 January 2018 Saturday 12:18
  • Turkey's Yasa in for ultramaxes at NACKS28 November 2017 Tuesday 11:24
  • Rickmers Maritime revises debt restructuring plan22 September 2016 Thursday 08:39
  • Kleven to Build Up to Four Expedition Vessels for Hurtigruten25 April 2016 Monday 18:12
  • IMO Representatives Discussed Migrant Issues06 September 2015 Sunday 18:16
  • Golden Anchor Awards 201506 September 2015 Sunday 16:49
  • Asia Tankers-VLCC Rates Dropping15 August 2015 Saturday 12:44
  • USCG Increasing Arctic Presence14 August 2015 Friday 11:58
  • Fennica is on his way to Alaska06 August 2015 Thursday 12:21
  • Tidal Power in Alaska Villages04 August 2015 Tuesday 15:34
  • All Rights Reserved © 2006 TURKISH MARITIME | İzinsiz ve kaynak gösterilmeden yayınlanamaz.
    Phone : 0090 212 293 75 48 | Fax : 0090 212 293 75 49 |