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January 24, 2012

 

Nearly 100 ships of grains stranded at Argentina port
 

 

About 100 ships carrying grains and soy products have been delayed at Argentina's agricultural port, Rosario, due to a boat stranded since last week, a shipping industry official said on Monday (Jan 23).

 

Argentina supplies nearly half the world's soymeal and soyoil exports as well as about 20% of global corn exports. Most of the country's grains are shipped from the constellation of terminals that make up the Rosario hub.

 

"Navigation is totally obstructed today," Guillermo Wade, manager of the country's Port and Maritime Chamber, said.

 

The ship, sailing under the Liberian flag, ran aground late Tuesday night after experiencing technical problems, Wade said by telephone. Local authorities suspended ship traffic in and out of Rosario a day later, he added.

 

"Since then no large vessels have been able to sail through the area," Wade said.

 

Maintenance crews were working on Monday to fix the ailing vessel and unblock the port, which normally sees relatively little traffic in January, ahead of corn and soy harvests.

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