Ships transporting cargo from Argentina's Rosario grain hub through the Parana River are having to reduce their cargoes after a bank collapse obstructed the navigation channel, exporters told Reuters.
BUENOS AIRES - Ships transporting cargo from Argentina’s Rosario grain hub through the Parana River are having to reduce their cargoes after a bank collapse obstructed the navigation channel, exporters told Reuters.
“Ships cannot leave because they do not have the adequate safety margin,” Guillermo Wade, manager of the Chamber of Port and Maritime Activities , told Reuters, saying that ships were having to reduce their cargo weight to be able to pass. Disruption in shipments from Argentina can throw off global trade flows as importers look to rival suppliers such as Brazil and the United States to fill supply gaps.
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