Ghost Dog
Ghost Dog's JournalArgentina's rising grains production strands vessels in river traffic
"... Increasing congestion on the Parana, which carries 80 percent of Argentina's grains exports, could hamper President Mauricio Macri's efforts to expand farm output and pull the country out of recession.
Macri wants Argentina to grow 25 percent more grains to boost rural income and has cut export taxes to attract more investment in the sector. But to haul all that grain to market, Macri needs the log jams on the river to end.
The government is studying how to accommodate the growing flotilla plying the waterway without driving up shipping costs - which could cancel out the benefits of the export tax cut to farmers and agricultural businesses.
"The entire river system is at its current limit," said Koen Robijns, Argentine operations manager for Jan De Nul, the privately-owned, Luxemburg-based company that operates the Parana and is responsible for dredging..."
http://reuters.com/article/idUSKBN15V0HM?il=0
Profile Information
Gender: Do not displayHometown: Canary Islands Archipelago
Home country: Spain
Member since: Wed Apr 19, 2006, 01:59 PM
Number of posts: 16,881